BOOM: U.S. Authorities Unveil Sweeping Set of Actions Against China’s Huawei.
The Trump Administration unveiled a sweeping set of actions—including criminal charges—against China’s Huawei Technologies Co. in its latest salvo against the telecom giant, with authorities unsealing a set of indictments just days before U.S.-China trade talks are set to resume.
In a pair of cases unsealed Monday, federal prosecutors accused Huawei of violating U.S. sanctions on Iran and of stealing trade secrets from a U.S. business partner, portraying the company as a flouting U.S. laws while trying to do business in the country.
More details to come.