Huawei’s Chief Financial Officer Meng Wanzhou was arrested in Canada Dec. 1 and has been accused by the United States of misleading multinational banks about Iran-linked transactions, putting the banks at risk of violating U.S. sanctions.
The arrest came the same day Trump and Xi declared a 90-day truce in their trade war during summit talks in Buenos Aires.
Meng will have to wear a GPS bracelet, report weekly to a bail supervisor, and pay all costs associated with her monitoring program, as among other conditions.
Trump also said the White House has spoken with the Justice Department about the case, as well as Chinese officials.
“They have not called me yet. They are talking to my people. But they have not called me yet,” he said when asked if he has spoken to Chinese President Xi Jinping about the case.
If extradited to the United States, Meng would face charges of conspiracy to defraud multiple financial institutions. A Canadian court on Tuesday granted Meng bail while she awaits an extradition hearing.
U.S. authorities have until Jan. 8, 2019 to file a formal extradition request or else Meng will be released.
Trump said that Huawei’s alleged practices are troubling.
“This has been a big problem that we’ve had in so many different ways with so many companies from China and from other places,” he said.
If China requests for Meng’s release, Trump said it could be a possible outcome depending on what happens during the trade negotiations.
“A lot of different things could happen,” he said.