The sole fact that such a scientific undertaking can be done internationally, over decades, is a great thing considering the global problems we face.
Yes, ITER doesn't follow the USA economic ideology of "much", "cheap", and "now", but the world doesn't consist only of the USA and not everything works well with that ideology.
ITER is not a PV or battery factory. It is more like the ISS.
I have no doubt that plasma fluid physicists will learn a great deal from trying to get ITER lit up. Just handed the money, they could have learned a thousand times more, and maybe even achieved practical D/H-3 fusion propulsion for spacecraft. But that will not happen at ITER.
And for comparison, look what the ISS has brought us commercially: We have a fully commercial manned spaceflight planned for next week. That is a massive achievement without even considering all the scientific work on the station.
All of the "scientific work on" ISS is done with crew literally pushing an "on" button on each bit of automated equipment running it. Experiments are forbidden to involve more interaction, and also forbidden to operate without that "on" button, so the crew has something, anything to do.
Commercial manned spaceflight could better have been worked without ISS. ISS's role was nothing more than a place to take them. Plus, a huge money sink on its own. It will soon fall out of the sky, and with any luck not hurt anybody where it crashes down.
Why is this relevant?
We see it lately in the numerous military procurements (particularly the F-35 program), in NASA's SLS rocket, in California's bullet train to nowhere, and urban tunnels such as New York's 2nd Avenue subway extension. It is why nuke plants are invariably so expensive and late.
In a word, corruption.
Lately, this corruption has been arranged to be wholly legal, so there is no possibility of prosecution. The majority of the money spent is funneled into myriad private pockets without moving the project toward completion. Nobody involved, at the monetary level, has any desire for it ever to be completed, because that is when the gravy train stops.
Fusion projects represent the worst case of this phenomenon. Nobody knows what it should cost, and nobody in control of spending wants it over with, ever.
The chance that anything of any practical use could come out at the end was openly foreclosed before it ever started: it was never promised to produce any electrical power, and no turbines, or space for any, appear in any site plan.
Any sort of practically useful Tokamak plant would need to be overwhelmingly bigger and more expensive than ITER, and could never come anywhere near producing commercially competitive power, so the project is a known dead end, to be milked until it is finally cancelled in shame.
What is tragic is that each euro diverted to this boondoggle brings climate disaster terrifyingly closer.