Fascism is when the state is in bed with big corporations, it's a fork of those communists that realised communism is impossible, so they try this socialism(central planning) using a few big corporations. A big example of it was the automobile sector in Italy before Mussolini, there were many small family companies Ferrari, Alfa Romeo, Lamborghini and etc. After him many of those companies died. But nowadays fascism triumphs, there's fiat and Volkswagen that owns all the brands, fascism won but this time with the best form of socialism they discovered, why try to control all prices of the economy when you can control the price of money, so you control everything? A real libertarian can't be a fascist, unless one uses that term without knowing what it really means, like communists that call fascists anyone who disagrees with them.
Discussion
People use the term fascism in many ways. The American left often focuses on militarism. To many of them, rounding up criminals who migrated illegally feels fascist, because it feels militaristic even if it is just law enforcement doing their job. If Trump suggests some abnormal law enforcement to make it happen because normal law enforcement isn't doing it, thn this feels fascist to the American left, it feels like a misuse of power. Of course this isn't the meaning of fascism that you describe. Unfortunately the characteristics of Mussolini are multifarious and so the term fascism is tortured and hard to understand outside of a given context.
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