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President Trump and Chinese President Xi Jinping. Photo: Artyom Ivanov\TASS via Getty Images

White House economic adviser Larry Kudlow said on "Fox News Sunday" that President Trump did not have prior knowledge about the arrest of Huawei CFO Meng Wanzhou, which took place the same evening Trump was negotiating a trade war truce with Chinese President Xi Jinping at the G20 summit.

Why it matters: The arrest and pending extradition of Meng in Canada for violating U.S. sanctions on Iran could have implications for Trump's trade war with China. With tensions already running high, experts tell Axios that China could retaliate against American businesses, especially if there are additional moves against Huawei from the U.S. executive branch.

Go deeper

Dan Primack, author of Pro Rata
2 mins ago - Politics & Policy

Biden set to inherit Trump's TikTok conundrum

Illustration: Aïda Amer/Axios

Donald Trump has one day left in the White House. TikTok has a lot longer left in the app stores, despite still being owned by China's ByteDance.

Why it matters: Trump's failure to force divestiture or eviction was more than just a blunder, or source of schadenfreude for the TikTok users who bedeviled his reelection campaign's event planners. It was part of a "talk loudly and carry a small stick" economic policy toward China that Joe Biden will inherit.

Journalism enters dangerous new era

Illustration: Brendan Lynch/Axios

The Capitol attack on Jan. 6 resulted in at least nine physical assaults against journalists and at least five arrests, per the U.S. Press Freedom Tracker's top editor.

Why it matters: President Trump's harsh rhetoric towards the press has empowered leaders abroad and locally in the U.S. to continue to attack press that they don't like.

Ben Geman, author of Generate
3 hours ago - Politics & Policy

The beginning of the beginning for Biden's climate push

Illustration: Annelise Capossela/Axios

Joe Biden's inauguration and the days right after will bring a rat-tat-tat burst of climate policy moves, but keep this in mind amid the splashy pledges: pushing through most of his agenda will be a long, uncertain slog.

Why it matters: Biden's climate plan is far more expansive than anything contemplated under President Obama. But for all the immediate pledges, it will take years to see how far Biden gets.