The U.S. teams up with Japan, Australia, Canada, and the EU to offer an alternative to China's Belt and Road Initiative, which has been accused of being debt trap diplomacy. It comes as the White House is pushing trade negations with China that may result in major new tariffs, and Italy joins with the Belt and Road.
5G is the future of wireless communication. But the biggest competitors in the market are from China: Huawei and ZTE. And they're a national security concern. So now, the U.S. government wants American companies to step up to the plate, with a massive 5G spectrum auction by the FCC and $20 billion for rural development.
The #Venezuela crisis is reaching a peak as National Assembly head Juan #Guaido declares himself interim #president, calling current president Nicolas #Maduro's election a sham. President Donald #Trump and Vice President Mike Pence have thrown their weight behind Guaido as the socialist economy of Venezuela collapses and people starve.