Former President Donald Trump has revealed his stance on several key technology issues.
Trump, who once criticized electric cars and their costs, has praised them and Elon Musk.
Although he now supports electric vehicles, he aims to remove federal subsidies that help people buy them.
Trump has also changed his opinion on TikTok.
While he previously sought to ban the app due to security concerns, he now supports it as a competitor to other platforms like Facebook and Instagram.
His stance on cryptocurrencies has evolved as well. Trump, who once called Bitcoin a “scam,” now supports cryptocurrencies and believes they should be produced in the USA.
This change in position seems aimed at winning favor from the crypto industry.
During his presidency, Trump imposed restrictions on visas for skilled foreign workers and levied tariffs on tech companies.
He has suggested that if re-elected, he would continue and possibly expand these protectionist measures to safeguard American jobs and industries.
Additionally, Trump plans to lower corporate taxes, contrasting with President Biden’s approach to increase taxes on the wealthy.
Trump’s administration had previously targeted major tech firms with antitrust actions, but he might reduce such enforcement if he returns to office.
