Technology7/24/2025Bloomberg

Penny Pritzker Warns Trump Cuts Threaten US in Global Tech Race

Penny Pritzker, the former US commerce secretary and chair of Harvard University's governing body, has warned that President Donald Trump's cuts to research funding pose a threat to the US's position in the global technology race. Pritzker argues that these funding cuts are putting the US at risk of falling behind other countries, particularly China, in the development of cutting-edge technologies. She emphasizes the importance of government investment in research and development to maintain the US's competitive edge in the global tech landscape. Pritzker's remarks highlight the potential consequences of the Trump administration's policy decisions on the future of American technological leadership.

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