Overview
- Tech leaders, including Zuckerberg, Bezos, and Cook, made overtures to Trump through donations and attendance at his inauguration, but have seen limited policy benefits.
- Trump’s fluctuating tariff policies, including a 145% tariff on Chinese imports, have disrupted tech supply chains, despite temporary exemptions for electronics.
- The FTC has launched a probe into content moderation practices, while antitrust lawsuits against Meta and Google continue to advance under the Trump administration.
- Trump’s revocation of Biden’s AI safety order and the pending release of an AI policy have created uncertainty for tech firms navigating innovation and regulation.
- Tech billionaires, including Musk and Zuckerberg, have collectively lost $193.6 billion in net worth, driven by stock declines linked to trade tensions and export restrictions.