They claim to provide jobs, like any business. As for Libra, it's close to competition with "money," and they are restraining Libra from competing in the money business that the two countries are engaged in.
Think this is less about liberalism (it doesn't argue for government to be run like a business) and more about US-inspired thinking where businesses are better than governments.
This isn’t as insightful as you think. You’re tautologically describing the notion of sovereignty. Sovereignty is supreme power. Of course it abhors “competition.”