Dec 9, 2018

Kudlow says Trump did not have prior knowledge of Huawei CFO arrest

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.

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Axios

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

Global: Total confirmed cases as of 3 a.m. ET: 786,291 — Total deaths: 37,820 — Total recoveries: 166,088.
U.S.: Leads the world in confirmed cases. Total confirmed cases as of 3 a.m. ET: 164,620 — Total deaths: 3,170— Total recoveries: 5,943.
Federal government latest: The White House will extend its social distancing guidelines until April 30.
State updates: Rural-state governors say testing is still inadequate, contradicting Trump — Virginia, Maryland and D.C. issue stay-at-home orders to residents, joining 28 other states.
Business latest: Ford and General Electric aim to make 50,000 ventilators in 100 days.
In photos: Navy hospital ship arrives in Manhattan.
What should I do? Answers about the virus from Axios experts — What to know about social distancing — Q&A: Minimizing your coronavirus risk.
Other resources: CDC on how to avoid the virus, what to do if you get it.

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Axios

World coronavirus updates: World Bank warns economic pain unavoidable

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens and confirmed plus presumptive cases from the CDC

The novel coronavirus has caused a "global shock" and significant economic pain "seems unavoidable in all countries," the World Bank said in an economic update for
East Asia and the Pacific on Monday.

The big picture: COVID-19 cases surged past 786,000 and the death toll exceeded 37,800 early Tuesday, per Johns Hopkins data. Italy reported more than 11,500 deaths.

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Rebecca Falconer, Orion Rummler, Marisa Fernandez

U.S. coronavirus updates: Death toll tops 3,000

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Andrew Witherspoon/Axios

The U.S. death toll from the novel coronavirus surpassed 3,000 late Monday.

The state of play: There were more than 164,000 confirmed cases in the U.S. early Tuesday — more than any other country in the world, per Johns Hopkins data. The COVID-19 death toll stood at 3,170. The number of recoveries had risen to more than 5,900.

Go deeperUpdated 6 hours ago - Health