Trump says he would consider intervening in the case of Huawei CFO Meng Wanzhou and setting her FREE as part of a broader trade deal to ease rising tensions with China amid national security concerns
- The president reportedly indicated that Wanzhou’s release could be part of a broader trade deal with China during an interview with Reuters on Tuesday
- The report came just after a Canadian judge granted a bail of C$10million (US$7.4million) to Wanzhou, Huawei’s chief financial officer
- Wanzhou is awaiting a hearing for extradition to the US after being arrested in Vancouver on December 1
- Her release on bail is expected to placate Chinese officials angered by her arrest
President Donald Trump has said he would consider intervening in the case of Huawei CFO Meng Wanzhou if it would benefit international relations and help the US secure a trade deal with China.
Wanzhou was granted a bail of C$10million (US$7.4million) by a Canadian judge on Tuesday evening.
After the news of the 46-year-old’s release broke, the president reportedly indicated to Reuters that the move – which is expected to placate angry Chinese officials – could be part of a broader trade deal with China.
Wanzhou is currently awaiting a hearing for extradition to America after having been arrested earlier this month on a US warrant in Vancouver.
President Donald Trump (left) has said he would consider intervening in the case of Huawei CFO Meng Wanzhou (right) if it would help the US secure a trade deal with China. A Canadian judge granted $7.4million bail to Wanzhou, 46, on Tuesday in court in British Columbia. She was arrested December 1 and faces US accusations that she misled multinational banks about Iran-linked transactions, putting the banks at risk of violating US sanctions
Wanzhou faces US accusations that she misled multinational banks about Iran-linked transactions, putting the banks at risk of violating US sanctions.
Justice William Ehrcke at a court hearing in Vancouver, British Columbia, on Tuesday granted bail to Meng, on the condition that she agree to wear an ankle monitor, to surrender her passports and to stay in Vancouver.
The courtroom erupted in applause when the judge granted bail. Wanzhou began crying and hugged her lawyers, before being ordered back into the prisoner box for more directions from the judge. She was ordered to reappear in court on February 6.
Huawei, which makes smartphones and network equipment, said in a statement it looked forward to a ‘timely resolution’ of the case.
‘We have every confidence that the Canadian and US legal systems will reach a just conclusion,’ it said, adding that it complied with all laws and regulations where it operates.
China had threatened severe consequences unless Canada released Wanzhou immediately.
A Canadian citizen has been detained in China, Canada said on Tuesday. The Canadian government said it saw no explicit link to the Huawei case, but analysts had predicted retaliation from Beijing.
Two sources told Reuters the person detained was former Canadian diplomat Michael Kovrig.
Guy Saint-Jacques, Canada’s former ambassador to China, asked by the Canadian Broadcasting Corp whether the Kovrig detention was a coincidence, said: ‘In China there are no coincidences … If they want to send you a message they will send you a message.’
Wanzhou was detained as part of a US investigation on December 1 as she was changing planes in Vancouver.
The arrest has roiled markets over fears it will exacerbate US-China tensions in trade negotiations that both sides have agreed must be concluded by March 1.
The US State Department is considering a travel advisory for China, two sources said on Tuesday.