Tensions between the US, Canada, and China have continued to escalate in the past month, with China sentencing Canadian citizen Robert Lloyd Schellenberg to the death penalty for drug smuggling in mid-January...
Recent actions by the Chinese government against the governments of America and Canada are highly likely to be retribution for the current detention of Huawei executive Meng Wanzhou in Canada at America’s behest, with Meng set to eventually be extradited to America. This includes the detention of Canadian ex-diplomat Michael Kovrig in China, the detention of Canadian entrepreneur Michael Spavor, and the banning of most iPhone models from sale in China on intellectual property grounds....
A surprise development in US-China trade relations has been the arrest of Huawei Chief Financial Officer Meng Wanzhou in Canada. Meng is slated to be deported to the US on charges of violating sanctions, with allegations that Huawei sold goods to Iran in knowing violation of trade sanctions. Does this mean that the US-China trade war is back on? The results of the arrest were immediate, with the Dow Jones crashing 800 points in its fourth-largest drop in history...