Washington, May 16 -- : The United States on Wednesday blacklisted Chinese telecom giant Huawei, along with 70 affiliates, citing threats to national security behind the decision.

"Huawei is engaged in activities that are contrary to US national security," the US Commerce Department said while placing the Chinese company on a trade blacklist, according to Sputnik.

This comes as authorities in Canada arrested Chinese telecom giant Huawei's Chief Financial officer, Meng Wanzhou, in Vancouver last year. She may be extradited to the US, where she faces charges over suspected violations of the US sanctions against Iran.

Furthermore, the latest measure comes amidst the escalating trade spat between the US and China.

Washington recently impose...