CURRENCY AGREEMENT: The US president and Treasury secretary said that the US had reached a deal with China about the yuan, which officials have claimed is undervalued
Taipei Times
Date: Feb 24, 2019
By: Reuters, WASHINGTON
US President Donald Trump might include Chinese telecommunications companies Huawei Technologies Co (華為) and ZTE Corp (中興通訊) in the trade deal being negotiated between the US and China, he said on Friday.
The US Department of Justice has charged Huawei and chief financial officer Meng Wanzhou (孟晚舟) with conspiring to violate US sanctions on Iran by conducting business through a subsidiary that it tried to hide. The US is seeking Meng’s extradition.
In a separate case, the Justice Department charged the telecom equipment maker with stealing robotic technology from T-Mobile US Inc.
Huawei has said that the companies settled their dispute in 2017. [FULL STORY]