Don't worry, their pals in the government will bail them out.

But it is odd that this administration has learned absolutely nothing about the mid- to long-term effects of export restrictions on other countries' ability to compete with the US.

You mean pension funds will bail them out after they IPO? :)

Mid and long term effects will come with next administration - which can be blamed for the failure (even if it has nothing to do with it) -> so those who caused the problem can be voted back to power.