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Planned U.S. tariffs on Chinese products will hurt companies around the globe as $20 billion of the $34 billion in goods targeted are made by foreign companies in China, Chinese officials said Thursday.

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https://www.wsj.com/articles/u-s-takes-aim-at-huawei-1544144796 The Trump administration’s efforts to extradite the chief financial officer of China’s Huawei Technologies Co. over criminal charges mark the start of an even more aggressive phase in the technology rivalry between the U.S. and China and will increase pressure on Washington’s allies to shun the telecommunications company.

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