Donald Trump has officially become the 47th President of the United States and will serve for the next four years. In his inaugural speech, Trump outlined his key priorities for his second term, emphasizing his commitment to the “Make America Great Again” agenda. Here are the top 10 highlights of his executive orders and policy announcements following his inauguration.
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- Trump Plans 25% Tariffs on Mexico and Canada
Trump plans to implement a 25% tariff on imports from Mexico and Canada by February 1, citing concerns over the influx of people entering the country. Speaking from the Oval Office’s Resolute Desk on Monday night, Trump stated that Mexico and Canada are allowing vast numbers of people into the U.S. Both Mexico and Canada have indicated they would retaliate with tariffs on American goods if the U.S. moves forward with the proposed tariffs. The United States-Mexico-Canada Agreement (USMCA) is scheduled for review in 2026. - Universal Tariff Consideration
Trump also mentioned that he is considering a universal tariff on all foreign imports but is not ready to implement it yet. Most notably, there was no explicit order on tariffs related to China. - Plans to End Ukraine War
On foreign policy, Trump expressed his desire to meet with Russian President Vladimir Putin and expedite an end to the Ukraine conflict. He stated that the war between Ukraine and Russia should have never started and that efforts will be made to resolve it as quickly as possible. - TikTok Decision Delay
Trump’s recent actions included ordering the attorney general to delay action against TikTok for 75 days. This move has raised questions about the administration’s approach to regulating foreign-owned technology companies. - Review of Trade Policies
Trump will call for federal agencies to conduct a comprehensive review of U.S. trade policies, including relationships with China, Canada, and Mexico, according to incoming officials. The review aims to evaluate tariff policies and their impact on the American economy. - Emergency Price Relief Measures
Trump has instructed federal departments to provide emergency price relief by addressing housing costs, healthcare expenses, and eliminating climate policies that contribute to rising energy prices. - Establishment of External Revenue Service
Trump announced the establishment of an External Revenue Service to collect tariffs, emphasizing that massive amounts of money would pour into the Treasury from foreign sources. - Immigration Policy Overhaul
Trump has signed a series of executive orders that signal significant changes to immigration policy, imposing new limits on both legal and illegal immigration. - National Emergency Declaration at Southern Border
Trump declared a national emergency at the southern border, and the White House confirmed plans to deploy armed forces, including the National Guard, to enhance border security. - Elimination of Electric Vehicle Mandate
Trump signed an order aimed at eliminating what he called the “electric vehicle mandate,” which includes terminating subsidies for electric vehicles and state emissions waivers that restrict gasoline-powered car sales. - Withdrawal from World Health Organization
Trump signed an order to withdraw the U.S. from the World Health Organization, citing concerns over its handling of global health crises.
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The information provided in this article is for informational purposes only and reflects the views of industry experts. Before making any investment decisions, it is recommended that you consult a financial advisor. The team at Gold Price Today does not engage in personal buying, selling, or trading of gold or silver on exchanges. We are not responsible for any gains or losses incurred based on the information presented here.
