Trump will be one of the best things that happened to free speech and civil liberties. President Obama was so smart and benign that many people felt comfortable giving up protections on free speech and civil liberties. It is a lot easier now to convince people for the need to protect free speech now that Trump will be in charge. These protections for free speech were created because the founders knew that you would not always get the wise and good people in charge. These protections are for when foolish and authoritarian people get into power.
This is why I think these "fake news" pushes to limit free speech are foolish. People are sharpening a very sharp knife for censorship, baring their chest, and handing it to Trump who will have the Presidency, Congress, and soon the courts. You are free to do this, but no one will be sympathetic to you when Trump stabs you in the heart by banning your speech because it is "fake news".
Let me give you something more concrete to think about. What will be your response when Trump and his EPA say that global warming is "fake" and ban all mention of of global warming as "fake news". After all, fake news is not protected speech.