* [ Traducir: ] Huawei's CFO arrested in Canada, faces extradition to United States By Julia Horowitz, CNN Business Updated 0303 GMT (1103 HKT) December 6, 2018 Trump threatens tariffs on more Chinese goods Pause Mute Current Time 0:59 / Duration Time 1:27 FullscreenNow Playing Watch: SpaceX launches... PHOENIX, AZ - MARCH 05: A worker builds a new home at the Pulte Homes Fireside at Norterra-Skyline housing development on March 5, 2013 in Phoenix, Arizona. In 2008, Phoenix, Arizona was at the forefront of the U.S. housing crisis with home prices falling 55 percent between 2005 and 2011 leaving many developers to abandon development projects. Phoenix is now undergoing a housing boom as sale prices have surged 22.9 percent, the highest price increase in the nation, and homebuilders are scrambling to buy up land. (Photo by Justin Sullivan/Getty Images) Why home builder stocks are getting crushed Is Google a monopoly? 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Photographer: Qilai Shen/Bloomberg via Getty Images Trump threatens tariffs on more Chinese goods NOW PLAYING Watch: SpaceX launches 64 satellites CUPERTINO, CALIFORNIA - SEPTEMBER 12: Tim Cook, chief executive officer of Apple, speaks during an Apple event at the Steve Jobs Theater at Apple Park on September 12, 2018 in Cupertino, California. Apple is expected to announce new iPhones with larger screens as well as other product upgrades. (Photo by Justin Sullivan/Getty Images) Tim Cook: Hate speech has no place on our platforms This photo taken on January 11, 2018 shows a Marriott logo in Hangzhou in China's Zhejiang province. 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In 2008, Phoenix, Arizona was at the forefront of the U.S. housing crisis with home prices falling 55 percent between 2005 and 2011 leaving many developers to abandon development projects. Phoenix is now undergoing a housing boom as sale prices have surged 22.9 percent, the highest price increase in the nation, and homebuilders are scrambling to buy up land. (Photo by Justin Sullivan/Getty Images) Why home builder stocks are getting crushed Is Google a monopoly? See Amazon's HQ2 picks Why oil is in a bear market justin trudeau canada parents time off harlow intv cnn_00000000.jpg Trudeau: Both parents need time off work President Donald Trump points at CNN's Jim Acosta and accuses him of "fake news" while taking questions during a news conference following Tuesday's midterm congressional elections at the White House in Washington, D.C. Wednesday, November 7, 2018. Trump clashes with media after the election A tale of two minimum wages Why the American toy industry is hurting A reach stacker transports a shipping container in a terminal at the Yangshan Deep Water Port in Shanghai, China, on Friday, March 23, 2018. The trade conflict between China and the U.S. escalated, with Beijing announcing its first retaliation against metals levies hours after President Donald Trump outlined fresh tariffs on $50 billion of Chinese imports and pledged there's more on the way. Photographer: Qilai Shen/Bloomberg via Getty Images Trump threatens tariffs on more Chinese goods Watch: SpaceX launches 64 satellites CUPERTINO, CALIFORNIA - SEPTEMBER 12: Tim Cook, chief executive officer of Apple, speaks during an Apple event at the Steve Jobs Theater at Apple Park on September 12, 2018 in Cupertino, California. Apple is expected to announce new iPhones with larger screens as well as other product upgrades. (Photo by Justin Sullivan/Getty Images) Tim Cook: Hate speech has no place on our platforms This photo taken on January 11, 2018 shows a Marriott logo in Hangzhou in China's Zhejiang province. Authorities in China have shut down Marriott's local website for a week after the US hotel giant mistakenly listed Chinese-claimed regions such as Tibet and Hong Kong as separate countries. / AFP PHOTO / - / China OUT (Photo credit should read -/AFP/Getty Images) Marriott's guest reservation system hacked Police officers walk in the backyard of Deutsche Bank headquarters during a raid in Frankfurt, Germany, Thursday, Nov. 29, 2018. (AP Photo/Michael Probst) Deutsche Bank raided in money laundering probe 2019 Buick LaCrosse Avenir GM is getting rid of these 6 cars From a drop of blood, this company can predict what your face looks like Zuckerberg: I'm not stepping down as Facebook chair New York (CNN Business)The chief financial officer of Chinese tech giant Huawei has been arrested in Canada. She faces extradition to the United States. Meng Wanzhou, also known as Sabrina Meng and Cathy Meng, was apprehended in Vancouver on December 1, according to Canadian Justice Department spokesman Ian McLeod. In addition to her role as CFO, Meng serves as deputy chairwoman of Huawei's board. She's the daughter of Huawei founder Ren Zhengfei. Meng "is sought for extradition by the United States, and a bail hearing has been set for Friday," McLeod said in a statement, which was first reported by The Globe and Mail. McLeod said the Canadian Justice Department can't share details of the case. Meng was granted a publication ban after a judge agreed to bar both police and prosecutors from releasing information about the case.