Donald Trump and Jinping. (File photo)
US President Donald Trump’s most favorite bill has passed. The same bill for which his talk with Alan Musk deteriorated. The name of this bill is One Big Beautiful Bill ‘. It passed late on Thursday. This ambitious bill of Trump has received final approval from the Parliament of the country. One Big Beautiful Bill ‘has passed by a margin of 218-214 from the House of Representatives. 218 MPs supported the bill. At the same time, 214 MPs cast their votes against this bill. As soon as the House gave a final approval to this tax bill, the bill was sent to President Donald Trump for signature. The passing of this bill is considered to be a major achievement of Trump’s second term.
US President Donald Trump’s proposed economic policy, which he calls his “Big Beautiful Tariff Bill”, has come up with a claim to strengthen America. But according to experts, this step can really make China more powerful. 1.4 billion Chinese citizens are laughing at the same time how America itself hit an ax on its feet.
How to make China super power
The new “Big Beautiful Tariff Bill” passed by President Donald Trump and his party not only weakens America’s energy security, but this bill also deliberately weakens renewable energy sources such as solar, wind and battery. All this is happening at a time when the power-power world of Artificial Intelligence (AI) is rising and every country needs more cheap and clean energy.
China gets unsecured gift
While China is making aggressive investments in areas like solar energy, wind energy and battery storage, this policy of America is making the way further for it. China is already in the race to overtake the US in AI, electric vehicles and green energy, and this new American law will give it another lead.
Trump’s bill: shock to future, support to past
Under this bill, the tax exemption on solar and wind energy will be gradually eliminated. Along with this, tax credits received on electric vehicles are also being removed. This is happening at a time when states like Texas, which are traditionally Republican strongholds, are investing record breaking in solar energy and battery storage.
Alan Musk told insanity and devastating
Tesla CEO Alan Musk, one of the largest innovators of electric vehicles and clean energy in the US, has called the bill “Uterly Insane and Destructive”. Musk says that this law is harming the techniques that could make America energy and technical superpower in future.
What can be the result
- More electricity bill: According to energy experts, the wholesale prices of electricity from this law can increase by about 50% by 2035.
- Job Danger: It is estimated that by 2030, about 8.3 lakh renewable energy -related jobs will either end or will never be born.
- China edge China has already been generating more than 10,000 terravot hours of electricity, while the US has been able to increase only 500 terravot hours since 2000.
Energy experts warning
“This bill will push us back from global energy competition, saying Nick Nigro, the energy expert of the Atlas Public Policy. In the coming years, we will feel that from here, America lost its lead in the race of clean energy.
China’s electrostate dream is coming true
According to a Financial Times report, China is now moving towards becoming an electrostate – a country whose economy and energy structure is completely based on electricity and clean technology. This can protect himself from American restrictions and stresses in global trade.