Anyone who thought last Saturday’s agreement between US President Donald Trump and his Chinese counterpart Xi Jinping to suspend punitive tariff increases on US imports from China signalled a de-escalation of the countries’ economic cold war got a rude shock last week. On Wednesday it emerged that the chief financial officer of Chinese telecoms giant Huawei had been arrested in Vancouver airport at the request of US authorities on suspicion of breaking American sanctions against Iran. Incidentally, “emerged” is the right word. Meng Wanzhou was actually detained the previous Saturday, just as Trump and Xi prepared to ... (full story)