Outrage over his 2016 election victory has given way to wariness but also anticipation of opportunities
When Donald Trump was first elected to the White House in 2016, Silicon Valley recoiled in horror. His nativism and open trolling of liberal pieties were an affront to the ultra liberal values of many in the industry, forged in the San Francisco Bay area. There were also good business reasons for concern. The populism promoted by Trump stood in clear opposition to the internationalist, free-trade agenda that US tech had ridden to global dominance since the mid-1990s.
With most of the Biden grants promised but not yet finalised, the scramble before the change in administration will now be frantic. Trump’s threat of sweeping tariffs could bring more dislocation for global electronics supply chains, which have already faced geopolitical and pandemic upheaval. It may, as many have suggested, be a negotiating ploy to force concessions from trading partners.
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