You’re misinformed. Which is typical of the “orange man bad” herd. Trump is not eliminating that at all. Here’s a relevant section from the E.O.:
“Prominent among the ground rules governing that debate is the immunity from liability created by section 230(c) of the Communications Decency Act (section 230(c)). 47 U.S.C. 230(c). It is the policy of the United States that the scope of that immunity should be clarified: the immunity should not extend beyond its text and purpose to provide protection for those who purport to provide users a forum for free and open speech, but in reality use their power over a vital means of communication to engage in deceptive or pretextual actions stifling free and open debate by censoring certain viewpoints.”
Basically, an entity which decides upon what content and viewpoints can be expressed cannot enjoy the immunity from liability granted to things like ISPs. He wants 230 enforced as written.