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The U.S. government continues to put pressure on China trade talks by pursuing the extradition of Huawei CFO.
The Canadian Ambassador to the United States David MacNaughton told media about the U.S.' intention to request the extradition of Huawei’s CFO Meng Wanzhou but did not specify when it would be officially filed.
The date limit for the extradition request coincides with the next round of negotiations on United States’ President Donald Trump trade war against China, which is set to be held in Washington D.C. on Jan. 30 and 31.
Fears are mounting over a continued trade war between the United States and China and its impact on the world economy, as the global expected growth is projected to be lower in 2019, according to International Monetary Fund forecasts.
“In October, the IMF cut its global growth forecasts on the back of increased trade tariffs between China and the United States,” according to CNBC.
The Chinese government has tried to calm fears about the arrest of Huawei CFO derailing the trade talks, while the United States has inflamed the situation by pursuing the extradition request.