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IPFS News Link • China

China Prepares Retaliation To Huawei CFO Arrest

• https://www.zerohedge.com, By Tyler Durden

According to a separate report, Huawei has made a $2 billion "commitment" to address "security concerns" raised by the British government earlier this year.

Asked whether he thinks the arrest will spill over into the trade talks, Larry Kudlow said during a post-jobs-report interview on CNBC that he "rather doubts it," adding that China has agreed to talk about the security concerns (ie China's pervasive cyberespionage) raised during last weekend's meeting. He also hinted that Trump might be willing to extend that 90-day period set for negotiations, while he believes car tariffs "will come down rapidly."

KUDLOW SAYS U.S. HAS BEEN WARNING HUAWEI ON SANCTIONS VIOLATION
KUDLOW: HUAWEI DOESN'T HAVE TO SPILL INTO TRADE TALKS W/CHINA
KUDLOW SAYS HUAWEI IS `SEPARATE TRACK' FROM TRADE TALKS
KUDLOW SAYS CHINESE CAR TARIFFS WILL COME DOWN RAPIDLY
...And stocks shoot higher.