Trump has dropped a big, beautiful bomb on America’s economy
The bill is the latest in a series of Luddite measures that let China run away with the electro-tech revolution, marking a wholesale retreat from a modern economy.
China’s leaders must be wondering whether they are hallucinating or whether America’s political class really has lost its mind, committing economic and geopolitical self-harm on a breathtaking scale.
US President Donald Trump’s “big beautiful bill” marks a wholesale retreat from swaths of advanced manufacturing and energy technology. It abandons a central front of the Sino-American superpower contest without a fight.
