The repercussion following the arrest of Huawei’s chief financial officer in Canada amid the ongoing Sino-U.S. trade war is going to be minimal, following comments by officials from both the United States and China.
Meng Wanzhou, Huawei’s CFO and daughter of the company’s founder Ren Zhengfei, was arrested in Vancouver on Dec. 1 at the request of the U.S. law enforcement, on the suspicion that she violated U.S. trade sanctions against Iran.
