(Bloomberg) — In the end, the prospect of eye-watering costs and delays to the roll-out of critical technology proved more daunting for the British government than American threats.On Tuesday, the U.S. lost its long battle to persuade the U.K. to ban China’s Huawei Technologies Co. from fifth-generation wireless networks. The decision to let Huawei build the periphery of the 5G system showed the awkward position of U.S. allies asked to choose between Washington and Beijing. It also reflects waning U.S. leverage in Europe—including post-Brexit U.K.—at a time when the transatlantic alliance is strained.President Donald Trump’s administration has been clear about …read more
Source:: Yahoo Finance
