The Globe and Mail newspaper, citing law enforcement sources, said Meng Wanzhou is accused of trying to evade United States trade curbs on Iran.
Bradley Simon, a criminal defence lawyer and a former federal prosecutor in Brooklyn, N.Y., said a move against someone such as Ms. Meng probably involved "extra scrutiny up the chain of command" at the Justice Department.
Details of the arrest have not been released but the U.S. has been investigating Huawei over possible violation of sanctions against Iran.
The Dow Jones fell more than 700 points on Thursday, as news broke of Huawei CFO Meng Wanzhou's arrest and planned extradition to the US.
The US has brought a number of legal cases against Chinese technology firms, with accusations such as cyber-security theft and violations of Iran sanctions.
However, according to analysts, this arrest will offset any optimism after the G20.
Chinese foreign ministry spokesman Geng Shuang on Thursday called Meng's arrest a violation of human rights and demanded the "immediate release" of the 46-year-old executive, who also goes by the name Sabrina.
The Chinese Embassy in Ottawa said Meng broke no US or Canadian laws and demanded Canada "immediately correct the mistake" and release her.
But Trudeau said Thursday he hasn't talked to any global counterparts about the affair, and he made clear he's staying out of it.
"I can assure everyone that we are a country of an independent judiciary and the appropriate authorities took the decisions in this case without any political involvement or interference", Trudeau said.
MPs vote for Dominic Grieve's Brexit amendment
A small number of Labour rebels could support her, but the party's official position is to vote against the deal. The vote marked the first time in history a United Kingdom government has been found in contempt of parliament.
Canada was bracing for a fallout in relations with China, which has been increasingly willing to punish countries it sees as countering its interests. Carvin speculated on Twitter that this could affect the sale of Canadian lobsters, among other things.
What has Canada said about the arrest?
The volatility put a spotlight on doubts about Trump's ability to deliver on his promises with China - and exposed a clash between his policy goals in China and his efforts to crack down on technology companies and other actors.
Ms Meng's detention also raised concerns about potential retaliation from Beijing in Canada, where Prime Minister Justin Trudeau sought to distance himself from the arrest. China has said it will continue to do business with Iran despite the possible threat of USA penalties.
Shanghai's market slid about 1.7%, while U.S. stock futures were pointing down more than 1%.
Here are some key facts about the fast-growing telecoms equipment supplier.
Last month, New Zealand blocked a mobile phone company from using Huawei equipment, saying it posed a "significant network security risk".
The company is one of the largest telecommunications equipment and services providers in the world, recently passing Apple to become the second-biggest smartphone maker after Samsung.
It says it operates in more than 170 countries, has 180,000 employees and serves more than a third of the world's population.
Huawei's global chief financial officer Meng Wanzhou. The company has been accused of using its devices to pass on information to the Chinese government, prompting the US Department of Defense to ban their sale on military bases.
Likewise, Rod Hunter, an worldwide economic official in President George W. Bush's White House and a partner at law firm Baker McKenzie, said, "I'm skeptical that the Chinese are going to want to say 'uncle.' " USA and Chinese officials are "trying to tackle a problem that is going to take years, maybe a decade, to resolve".
Analysts have warned that the arrest of Huawei's Chief Financial Officer Meng Wanzhou may have major repercussions for American tech companies and Washington's ongoing trade war with China, with some experts suggesting that China could retaliate by arresting USA citizens.
The ban almost destroyed the Chinese tech company, forcing it to cease major operations in May. But the company said in late 2011 that it was limiting its business activity and no longer seeking new customers there because of an "increasingly complex situation".
Human rights groups say the war is wreaking havoc on the country and subjecting civilians to indiscriminate bombing. The Yemen legislation could set up a bitter year-end Senate floor fight over USA war powers.
U.S. bond and options markets were also due to be closed, with energy and foreign exchange markets expected to remain open. Said her friend Sue Miller, also in line for the viewing: "I actually think I underestimated him when he was in office".
Thousands of O2 customers have not been able to get online on Thursday morning following a technical fault with the network. O2 said that services are slowly being restored and the company would continue to work on the problem throughout the night.
Luck feels there is a deeper talent pool than ever before. "Football has a long, rich history at Raymond James Stadium". The original XFL , which formed as a joint partnership between WWE and NBC, folded in 2001 after just one season.
Speaking to Variety , Epic boss Tim Sweeny confirmed that Unreal Tournament 4 was no longer in active development. While the full patch notes are yet to be revealed, Epic Games will definitely make some adjustments to the map.
Maurizio Sarri's side also face MOL Vidi in the Europa League group stages and Bournemouth in the Carabao Cup quarter-final. So I am really very anxious for this, not for the result'. "I don't think it means anything at this point", he said.
The last time the OPEC+ group agreed to curtail output, in late 2016, it settled on a combined 1.8 million-barrel-a-day reduction. According to the International Energy Agency , OPEC daily output stood at 32.99 million barrels in October.
The movie is said to have toppled Vijay's Sarkar from the number one spot by earning a whopping Rs 2.64 crore in Chennai alone. The film imparts a universal message that the world is not just for humans but also for other living beings.
Corsi accuses Mueller's investigators of trying to bully him into giving "false testimony" against President Donald Trump . In his tweet , Conway was referencing statutes related to witness tampering and obstruction of justice.
Moscow denies meddling and Trump denies campaign collusion, calling the Mueller investigation a political witch hunt. The original subpoena requires Comey to testify behind closed doors to the House Judiciary and Oversight Committees.
The Buckeyes' strong finish this season belied on-the-field problems that made for a stressful season for Meyer and his staff. Meyer has piled up wins at Ohio State after a similar run over six years at Florida that included two national championships.
Norway's Hegerberg wins inaugural Ballon d'Or award
Solveig apologised for causing offense following the awards after his question led to widespread criticism online. "It was a joke. So when it was announced that in 2018 there would also be an award for the best female player, it was a big step forward.
The Golden Globes 2019: The Surprises And Snubs
DeMille Award, which has gone to icons like Oprah Winfrey, Meryl Streep, Denzel Washington, and George Clooney in recent years. On the TV side, Amazon's " Homecoming " and Ryan Murphy's " Pose " may score nominations in their first eligible awards show.
President George H.W. Bush's casket headed to US Capitol
State funerals are traditionally held for current or former presidents and other officials designated by the president. His death also reduces membership in the exclusive ex-presidents' club to four: Jimmy Carter, Bill Clinton, George W.