Trump is for chumps.
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Standards are NOT out. What a stupid thing to say. Bicycles are unique in that every part is interchangeable from one brand to another. For instance, the parts on a Trek Boost bike are almost 100% the same as other brand's Boost bikes. Motorcycles somewhat less standard and cars even less standardized. Unless you think rim brakes, square taper BBs are better Vital MTB: look around outside the bicycle bubble.
This all assumes the USPTO (US Patent Office) actually reviews applications for prior artwork and all that. They don't. There are MANY patents that overlap and have the same elements are others. The entire process is a mess. And then it's all about litigation. To say this makes for better competition in the marketplace is complete hogwash. It has nothing to do with that. Patents only protect large corporations with the resources to legally protect their patents. It's all about profit.
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