Donald Trump's return to the White House signals potential significant shifts in technology policy, particularly regarding AI regulation, antitrust actions, and tariffs. Trump's administration is likely to dismantle Biden's AI safety measures and adopt a less aggressive stance on antitrust, impacting tech giants like Google and Meta. The president-elect has shown interest in increasing tariffs, especially on Chinese imports, which could affect companies like Apple and the semiconductor industry. Elon Musk is expected to assume a significant advisory role in the Trump administration, influencing policy directions. Despite promises to escalate tariffs, Trump's previous term showed a tendency to negotiate exemptions, leaving some industry leaders skeptical about the full implementation of his policies. Investors and tech companies remain cautious, anticipating potential deregulation and changes in immigration policies that could impact Silicon Valley's talent pool.