China’s Huawei Charged With Racketeering


Huawei Technologies Co. and two of its U.S. subsidiaries were charged with racketeering conspiracy to steal trade secrets in a new federal indictment unsealed Thursday, opening another front in the Trump administration’s battle with the Chinese telecommunications firm.

The new charges amp up pressure on Huawei from the U.S., where Trump administration officials say the company poses a national security risk as it competes fiercely with American rivals around the world. The new indictment, filed in federal court in Brooklyn,…