Thursday, December 6, 2018

Technology is at the heart of the trade war

Technology is at the heart of the trade war. The Trump administration says the huge waves of tariffs it has slapped on Chinese goods are part of an effort to stop China from getting its hands on American technology unfairly through practices like cybertheft and forcing companies to hand over trade secrets.
Huawei's Meng Wanzhou is also also known as Sabrina Meng and Cathy Meng. She is the daughter of Huawei founder Ren Zhengfei.
The return to the negotiating table follows a ceasefire reached at a dinner between Trump and his Chinese counterpart, Xi Jinping, on Saturday.
Balding pointed out that the deal was reached the same day that Meng was arrested in Canada.


"That is very politically embarrassing to Xi," he said. "It has to be considered an escalation."
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