Technology

Trump's candidacy and views have been widely opposed by people who work in the technology sector on software and hardware. Before the election the technology sector mainly supported Hillary Clinton. Many in the sector denounced Paypal Founder Peter Thiel for supporting Trump.

After the election, Trump held a meeting with several CEOs from the biggest technology companies. It was attended by many industry leaders from Amazon, Google, Apple, Facebook, and Microsoft, and surprisingly, members of Trump's own family. 

The technology sector often employs educated immigrants and therefore requires visas. The technology sector is also under scrutiny for evading taxation by keeping money outside of the US, often in Ireland, and the technology sector is automating jobs, which played into the protectionist rhetoric.  

Timeline

 

Analysis

A key question during the Trump administration is whether the sector remains free to innovate and disrupt with all the positive and negative side effects, or whether there will be quid quo pro to do business as in Russia and China. Much of Apple's manufacturing takes place in China because of lower production costs. Will the company be made to manufacture product in the US to avoid new taxes?

Additionally, will Trump, his family, and his supporters gain an unfair advantage in business deals? Will Palantir, for example, find regulators on their side and helping them?

Assessments

So far there is little noticeable impact on the technology sector. However, Trump can damage stock prices in a single tweet, and several CEOs are likely to be paying attention.