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Tech bros left reeling in ‘dizzying’ Trump tariff back and forth

Tech bros left reeling in ‘dizzying’ Trump tariff back and forth

“Those donations they made to get Trump elected are being rewarded,” wrote one analyst after key electronics were exempted. Then the White House changed its mind.

Mark Zuckerberg, Jeff Bezos and his partner Lauren Sanchez and Alphabet’s Sundar Pichai at Donald Trump’s inauguration. Bloomberg

To exempt or not to exempt. That is the question for the tech bros of Silicon Valley who have found themselves in a spin as their man in the White House creates havoc with international supply chains and share prices.

It was just 85 days ago that the executives of the world’s biggest technology firms, from Apple’s Tim Cook to Meta’s Mark Zuckerberg, lined up to watch Donald Trump inaugurated as the next US president. Eager to back the new administration, which promised an era of regulation-free growth, Zuckerberg killed off Facebook’s fact-checking unit and internal diversity policies. Cook personally donated $US1 million ($1.6 million).

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Paul Smith
Paul SmithTechnology editorPaul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com
Sarah Jones
Sarah JonesMarkets EditorSarah Jones is the Financial Review’s markets editor based in the Sydney newsroom. She has covered financial markets, economics and asset management for more than two decades including 12 years for Bloomberg in London. Connect with Sarah on Twitter. Email Sarah at sa.jones@afr.com
Joanne Tran
Joanne TranMarkets reporterJoanne Tran is a markets reporter for The Australian Financial Review in the Sydney newsroom. Connect with Joanne on Twitter. Email Joanne at jo.tran@afr.com

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Original URL: https://www.afr.com/technology/tech-bros-left-reeling-in-dizzying-trump-tariff-back-and-forth-20250414-p5lrj4