Trudeau says he had advance notice of Huawei executive's arrest

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The Trump administration arranged the arrest of Huawei Technologies Co's chief financial officer, aware of potential blow-back in trade talks with Beijing but intent on showing resolve to crack down on Chinese companies accused of violating United States law.

The arrest took place on the same day Trump met with Chinese President Xi Jinping to discuss the trade war after the close of the G-20 summit in Argentina.

Officials for the Canadian and U.S. Justice Departments did not immediately respond to a request for comment. Early in April, Reuters had reported that since at least 2016, the USA attorney's office in Brooklyn has been probing Huawei's alleged shipping of us -origin products to Iran and other countries in violation of us export and sanctions laws. She is to appear in a Vancouver court on Friday for a bail hearing.

The Embassy of the People's Republic of China in Canada said that it resolutely opposes Meng's arrest and demands her immediate release. The arrest has been made by Canadian law enforcement at the request of the U.S. over violating the Iran sanctions.

However, the arrest drew a swift response from China, which said it "firmly opposes and strongly protests" the move, adding it had urged Canada and the United States to "immediately correct the wrongdoing".

State-run China Daily said the arrest of Huawei's chief financial officer appeared to be part of USA efforts to contain the company, which is the world's largest telecoms equipment provider, as well as its second-largest mobile phone maker.

Huawei is one of the largest tech companies in the world, but it has been under pressure in nations like the U.S., U.K., and Australia for allegedly doing the bidding of the Chinese government.

Meng's arrest came at the behest of USA authorities and is connected to an investigation into alleged violations of US trade sanctions, a person familiar with the matter told Reuters.

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Huawei has the second-largest share of the global smartphone market, beating out Apple.

The move by the related to concerns that Beijing could be using Huawei's technology to spy on Americans.

"Right now, I think we're going to be into a deep freeze for some time", Mulroney told BNN Bloomberg in an interview on Thursday.

Canadian Prime Minister Justin Trudeau has denied any involvement in the arrest of Huawei CFO and deputy chair Wanzhou Meng in Vancouver Airport this week.

Meng is not only the chief financial officer of Huawei but the daughter of the tech giant's founder, Ren Zhengfei.

Britain's largest mobile provider BT announced Wednesday it was removing Huawei's telecommunications equipment from its 4G cellular network, after the MI6 foreign intelligence service chief singled out the company as a potential security risk.

Following the report, the USA eventually banned Huawei from bidding for US government contracts.

He added that the U.S. has had "enormous concerns for years about the [.] practice of Chinese firms to use stolen American intellectual property, to engage in forced technology transfers, and to be used as arms of the Chinese government's objectives in terms of information technology in particular".

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"China tends to treat us - and we allow ourselves to be treated - as if doing a trade deal with Canada is a favour they bestow on us, when, in reality, they want access to the Canadian market", he added.

A USA judge last month issued an order finding that China's ZTE Corp violated probation imposed in March 2017 when the company pleaded guilty for conspiring to evade US sanctions by illegally shipping USA goods and technology to Iran. But ZTE (ZTCOF), a Chinese tech firm that was temporarily crippled by a United States export ban earlier this year, slumped almost 9%.

ZTE agreed to pay a $1 billion fine and replace its entire board of directors.

The company had been investigated by U.S. intelligence, who deemed it a national security threat.

Ye Tan, an independent Chinese economist, said Meng's arrest could be used as a "bargaining chip" in the trade talks.

He declined to say whether it was in relation to sanctions against Iran.

China on Thursday demanded Canada release a Huawei Technologies executive who was arrested in a case that adds to technology tensions with Washington and threatens to complicate trade talks.

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