The reason the USA is losing the tech war is because they are too arrogant and think too highly of themselves. Without the foreign element doing the research and innovation input, they are hapless trying to face competition.
As a good example, the USA had to use underhand tactics to suppress the Japanese innovation expertise, which they succeeded in doing so. Against France it was the same story with Alstom being targeted. Now the USA is doing the same to Germany, using a different tactic by getting rid of cheap energy that Germany needed to fuel its manufacturing.
When it comes to China, so many different tactics have been used to put China down. I am not going to talk about old history, but recent history with trade wars, technology squeeze and tariffs are all about strangling China. But China is not that easy meat for the USA to overcome. Five thousand years of history have taught the Chinese the experience to survive against all odds.
China has surpassed the USA in many things that are clearly visible. Even Huawei has the kind of Chinese spirit in fighting back and gaining ground instead. The saying that 'Necessity is the mother of Invention' has not been lost on them and Huawei is innovating quietly. New Chinese startups like DeepSeek are giving USA technology Giants a run for their money.
The bloodletting of the USA technology Giants in the face of DeepSeek surfacing may take a break, but in the longer term, being an open-source platform and free to use, that is going to cannibalize those pay for use USA AI Giant's bottom line for a long time to come. And if users are able to make use of DeepSeek's gift to innovate further, the future is not going to look good for them. That I think is the reason why the USA is starting to fabricate the narrative that DeepSeek is a dangerous competitor.