*By Justin Chermol*
The newly appointed vice chairman of the House Foreign Affairs Committee, Rep. Joaquin Castro (D-Tex.), said he is "absolutely" concerned that Chinese telecommunication giant Huawei poses a threat to national security in an interview on Cheddar Tuesday.
"I do have that concern," Castro told Cheddar's J.D. Durkin. He noted that he helped push a bipartisan amendment to the National Defense Authorization Act last year to prevent government grants or loans being used to pay for Huawei services.
The Department of Justice unsealed two separate indictments on Monday against the company and its CFO Meng Wanzhou, who was arrested in December. The cases claim the company and its leaders attempted to steal trade secrets from rival T-Mobile, promised bonuses to employees in exchange for intel on competitors, and sought to evade U.S. sanctions on Iran.
"With China, our overarching strategy has to be to respect them when they compete, but also to stop them when they cheat," he said.
Castro is particularly disturbed by prospect of Huawei lifting T-Mobile's technology for its own gain.
"What you see with China is the outright theft of trade secrets and technology and then taking that technology, in this case from T-Mobile, and using it for the benefit of Chinese companies without ever doing any of the innovation or the hard work ー or spending the money in terms of research or development to understand it themselves," he said.
The indictments may coincide with trade talks between the U.S. and Chinese officials, but Castro said that the meetings scheduled for Wednesday and Thursday are unrelated to the charges leveled against Huawei.
"We should be able to separate out some sort of cheating or malfeasance from what we do in terms of talking about trade," he said.
For full interview [click here](https://cheddar.com/videos/rep-joaquin-castro-talks-mueller-probe-huawei-charges-and-more).
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
On the heels of the RNC's final night, former senior advisor to President Barack Obama, Valerie Jarrett, joined Cheddar to discuss President Trump's speech.
Derrick Johnson, president and CEO of the NAACP, joined Cheddar to discuss the 2020 March on Washington happening today. Johnson also discussed the need for police reform in the U.S.
President Donald Trump plans to tell voters that Democratic rival Joe Biden would pursue the "most extreme set of proposals ever put forward by a major party nominee" when he delivers his acceptance speech,
Walmart said Thursday it may join Microsoft to buy the U.S. business of TikTok, the popular Chinese-owned video app that has come under fire from the Trump administration.
TikTok CEO Kevin Mayer has resigned amid U.S. pressure for its Chinese owner to sell the popular video app, which the White House says is a security risk.
New York Congresswoman, Yvette Clarke, joined Cheddar to discuss the recent policing shooting of Jacob Blake in Kenosha, Wisconsin. Clarke also discusses Sen. Kamala Harris' nomination as the Democratic candidate for the vice presidency.
U.S. health officials have sparked a wave of confusion after posting guidelines that coronavirus testing is not necessary for people who have been in close contact with infected people.
First lady Melania Trump portrayed her husband as an authentic, uncompromising leader in a Rose Garden address as President Donald Trump turned to family, farmers and the trappings of the presidency to boost his reelection chances on the second night of the scaled-down Republican National Convention.
A new poll from The Associated Press-NORC Center for Public Affairs Research finds 45% of Americans say they are setting aside more money than usual during the coronavirus pandemic.
