On July 4, #大而美法案 7, U.S. President Trump signed the "Big and Beautiful" Act, marking the implementation of his iconic legislative agenda since returning to the White House. The core content of the bill includes: extending the 2017 tax cut policy (reducing corporate tax to 21%), eliminating taxes on tips and overtime pay, cutting $1.5 trillion in social welfare spending (such as Medicaid and food stamps), while increasing funding for defense and border security.

The bill passed in Congress by a narrow margin (Senate 51:50, House 218:214), with all Democrats opposing it, criticizing it as "robbing the poor to give to the rich" — the Congressional Budget Office estimates that the deficit will increase by $3.3 trillion over the next decade, with the income of the poorest families decreasing by 4%, while the income of the wealthiest families grows by 2%. The industry impact is differentiated: chip, energy, and defense companies benefit, while subsidies for electric vehicles and renewable energy are eliminated.