Re: Good step
Be that as it may, you are going to have to deal with an interesting problem sooner or later: thanks to Trump (well, Putin really, let's be accurate), the US is hard on its way to lose its leading position.
The annoying thing from a competitive perspective is that China can take long term investment decisions which the Western world can not. If you want to know why China is on its way to lead the world, I suggest you start investigating how it is busy creating means by which to generate energy and which laws it has put in place to tackle its environmental problems because it all hangs together - and in China you indeed don't play games with laws, even being friendly with someone high up no longer works.
Cheap energy generation equals income. Being able to sell cheap, relatively clean energy to others means high volume financial transactions and global influence, and the renminbi is already reserve currency. Bullying tactics like bombing it back to the Stone Age à la Iraq won't work either because it can hit back.
Trump's abandoning of the EPA has consequences that will take generations to fix, and the US doesn't have the means for it. China is going live with its first tests this year. I give it 5 years, max, before the Chinese lead unless the Americans ditch Trump and start working really, really hard on catching up with them. I can't see that happen, to be honest. The skills are there, but not the will to all pull in one single direction.