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amazing stuff - President Trump’s Attorney General Bill Barr gave a published speech yesterday floating idea that the US could buy Nokia or Ericsson (both European companies) in order to create a competitor to China/ Huawei’s dominance of 5G technology justice.gov/opa/speech/att…
“China has built up a lead in 5G, capturing 40 percent of the global 5G infrastructure market. For the first time in history, the United States is not leading the next technology era.” : @AGWilliamBarr
really interesting thing about Barr speech, is that there is a sense in it of admiration of China’s strategic capacity to capture 5G dominance, and a sense that the US needs gov, companies, academia to “muster” in a “Sputnik moment” albeit one that requires 2 EU giants
If this really is White House thinking, you’d imagine they’d be being a lot more friendly to EU right now on trade than is the case...
“We’ll see” is @VP Pence response to @WilfredFrost CNBC question about whether the UK’s decision to use Huawei for 5G is a “dealbreaker” for US-UK trade deal...
Pence not endorsing the Barr suggestion on Nokia/Ericsson...
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