Trump is not going to go after big tech, says Wells Fargo analyst

Trump is not going to go after big tech, says Wells Fargo analyst

6 years ago
Anonymous $gIi3-PxxKB

https://www.cnbc.com/2018/03/29/trump-not-going-after-amazon-facebook-and-other-tech-wells-fargo.html

Fears that Donald Trump is set to go after Amazon and enforce tighter regulation on the wider tech industry are overblown, according to a Wells Fargo analyst.

Amazon dropped 3 percent on Wednesday after a report from Axios, citing anonymous sources, said that Trump wants to "go after" the e-commerce giant and address the company's favorable tax treatment. During his campaign trail in 2016, Trump told supporters that if he became president Amazon would have "such problems."