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Futures drop as Huawei executive arrest fans China-U.S. worries

Reuters Thursday, 6 December 2018 ()
Futures drop as Huawei executive arrest fans China-U.S. worriesU.S. stocks were set to tumble on Thursday as the arrest of a top executive of Chinese tech giant Huawei for extradition to the United States sparked fears of a flare-up in Sino-U.S. tensions, while sliding oil prices added to the pressure.
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News video: Huawei executive arrest clouds trade truce

▶ Huawei executive arrest clouds trade truce 01:12

The daughter of Huawei's founder and its top executive was arrested in Canada and faces extradition to the United States, stirring up fears of reigniting U.S. - China trade war. Roselle Chen reports.

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China Summons Canadian Ambassador After 'Vicious' Huawei Arrest [Video]China Summons Canadian Ambassador After 'Vicious' Huawei Arrest 00:43

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China Calls For US To Withdraw Huawei Executive’s Arrest Warrant [Video]China Calls For US To Withdraw Huawei Executive’s Arrest Warrant 00:37

According to Reuters, China’s foreign ministry says the United States should withdraw its arrest warrant for Meng Wanzhou, Huawei’s global chief financial officer. Wanzshou was arrested in Canada..

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Huawei executive arrest complicates China-U.S. relationship [Video]Huawei executive arrest complicates China-U.S. relationship 02:37

A top executive of Chinese telecom giant Huawei will have a bail hearing in Canada Friday amid new tensions between Beijing and Washington. Meng Wanzhou could be sent to the U.S. to face criminal..

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Trump was unaware of Huawei arrest: officials [Video]Trump was unaware of Huawei arrest: officials 02:03

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Wall Street opens lower as Huawei executive arrest fans trade worries

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U.S. stock index futures fell more than 1.5 percent on Thursday, as the arrest of a top executive of Chinese tech giant Huawei for extradition to the United...
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China decided to pick a fight with Canada over the arrest of a senior Huawei executive because it wants to avoid further confrontation with the United States as...
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