TechCheck Tech CEOs still waiting for return on Trump bet 04/11/25
Apr 11, 2025
Tech CEOs find themselves in a bind after their support for Trump, still waiting for the promised returns. They navigate volatile markets while grappling with the fallout of their political alignments. Rising tariffs and infrastructure costs add to their challenges, impacting giants like Apple and Meta. Antitrust issues and competition with China further complicate the landscape. It's a revealing look at how political decisions translate into corporate struggles.
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Tech CEOs' charm offensive fails
- Despite courting the Trump administration, tech CEOs face uncertainty.
- Tariffs, antitrust lawsuits, and rising infrastructure costs challenge them.
Apple's tariff woes
- Apple, despite Tim Cook's efforts, faces rising iPhone costs due to tariffs.
- They reportedly airlifted iPhones from India to circumvent these tariffs.
Antitrust threats to Meta and Alphabet
- Meta and Alphabet face antitrust lawsuits that could force them to divest key assets.
- The FTC targets Meta's Instagram and WhatsApp, while the DOJ targets Google's Chrome browser.