Trump promises immigration crackdown, deregulation at Washington rally By Investing.com

Investing.com- President-elect Donald Trump made a number of promises, including a crackdown on immigration and deregulation during a speech in Washington on Sunday evening, as he prepares to take office this week.

Trump repeated several of his campaign promises, particularly his strong rhetoric on illegal immigration, as he marked a victory rally before his inauguration on Monday. It was also Trump’s first major address in Washington since 2021.

“We will deport every illegal alien, gang member and criminal immigrant who works on American soil,” Trump said, speaking at the “Make America Great Again Victory Rally” rally. Capital One (NYSE:) Arena.

He has vowed to rescind all executive orders issued by President Joe Biden, and said he is preparing for an important first day in office. Fox News Digital reports that Trump plans to sign more than 200 executive orders when he takes office on Monday.

Trump also vowed to reduce regulations in the US energy industry, reiterating his plans to reduce government regulation. He also flagged plans to cut government spending in an effort led by Tesla (NASDAQ: ) CEO Elon Musk and Vivek Ramaswamy, under the Department of Government Spending.

Absent from Trump’s comments were his plans to impose tariffs on trade, particularly China. The president-elect had maintained strong anti-China rhetoric during his campaign efforts, and had vowed to impose import tariffs of up to 60% on all Chinese goods. from China.

Trump’s plans for tariffs have been a major source of concern, amid fears that they could stabilize inflation and keep interest rates high for a long time. But Trump on Sunday vowed to lower inflation and cut taxes.

Despite his anti-China sentiment, Trump earlier on Sunday vowed to delay the ban on popular social media app TikTok in a major order on the first day of his presidency.

TikTok began to bring back some of its services to the US after Trump’s comments, and the President-elect asked for cooperation with TikTok owner Bytedance to keep the app in the US.

Sunday’s convention was marked by appearances and performances by many celebrities, including famous actor Sylvester Stallone and singer Kid Rock. Tesla’s Musk also appeared at the meeting.