Donald Trump securing victory in the 2024 presidential election has significant implications for the tech industry, with potential changes in regulation, immigration, and antitrust actions. Key concerns include his stance on tariffs, especially on Chinese imports, which could affect companies like Apple and the semiconductor industry.
Trump’s administration may adopt a tough regulatory approach towards major tech firms, particularly Google, which he has accused of bias and illegal activity.
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Elon Musk is expected to play a prominent advisory role in Trump’s administration, fostering their mutual admiration.
The market response has been mixed, with some tech stocks like Alphabet rising while others like Meta have declined amid uncertainty about future policies. Investors anticipate that Trump’s administration might be less aggressive on antitrust regulations compared to the Biden administration.
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