The world's first tri-fold smartphone, the Huawei Mate XT, is reaching unreal prices over at some online marketplaces.

Most of the phones with foldable displays that have shipped so far are designed to fold in half like a book. But the the new Huawei Mate XT is the first commercially available phone with a tri-fold display.

Over successive administrations, the U.S. government has used stiff trade restrictions to try to stifle the Chinese telecom giant Huawei. In turn, the company never misses an opportunity to show that it is still standing.