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Can Democrats and Big Tech Get Back Together?

Can Democrats and Big Tech Get Back Together?

Bloomberg13-04-2025

Despite the various frictions, America's technology sector did pretty well during Joe Biden's presidency — and despite the various warnings about his mercurial opponent, many tech executives supported Donald Trump in his 2024 campaign. After his victory, even more rushed to Trump's side, with Meta founder and CEO Mark Zuckerberg going on Joe Rogan's podcast to talk about his admiration for the president-elect and the need for more ' masculine energy ' in US corporate culture.
Then came the Liberation Day tariffs, and then Obliteration Day in markets, and finally the Equivocation Day partial tariff rollback. Meanwhile Meta shares are trading below their price on the day of Zuckerberg's appearance on Rogan. It turns out that whatever the merits of masculine energy, a global trade war is not good for the tech industry.

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