What to pay attention to when the Trump 2.0 era begins

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Trump says he will declare national emergency
US President Donald Trump said on Monday that declare national energy emergency —part of a broad agenda aimed at increasing fossil fuel production—ending what he called the “Green New Deal” and withdrawing the United States from international commitments to fight climate change.

Optimistic about Trump’s mandate
Trump’s return to the White House has caused consternation among some countries over his threat of tariffs and unpredictable foreign policies. But people in many other countries are optimistic about Trump 2.0said the group of experts of the European Council on Foreign Relations, as published a global survey On Wednesday.

$MELANIA and $TRUMP
First Lady Melania Trump launched its own meme coincalled “Melania,” on Sunday night. The token is currently trading at $4.20, down from a high of around $13. On Friday, Trump too announced a coin meme called “official Trump.” At the peak of token prices, the Trump family Net worth increased by billions of dollars.based on the holdings of its newly launched digital assets.

Biden’s pardons
Former US President Joe Biden on Monday granted preventive pardons for several family members, citing concerns that they would be the subject of “baseless and politically motivated investigations.” Biden also granted pardons to Anthony Fauci, General Mark Milley, members of Congress who investigated the January 6 Capitol Riot and others who said they were under threat of being attacked “without foundation” for political purposes.

The euro and the pound strengthen against the dollar
US markets were closed on Monday for Martin Luther King Jr. Day. The pan-European Stoxx 600 Index rose 0.05%. He euro and british pound strengthened against the US dollar, as reported that Trump would not impose tariffs on America’s trading partners on his first day in office.

(PRO) Second time an echo of the first?
Trump’s second term could have the same effects on certain asset classes as happened in the first round, according to some on Wall Street. To find out, CNBC Pro analyzed the performance of several assets during the first 100 days of Trump’s latest presidency and asked analysts how those assets will fare.

Donald Trump is officially the 47th president of the USA. – and plans to start working. Trump has promised sign more than 50 executive orders Fresh from his inauguration, according to a person in his transition operation. These are the two main themes that investors will pay attention to.

Rates

“To me, the most beautiful word in the dictionary is ‘tariff,'” Trump told the Economic Club of Chicago in October. During the election campaign, Trump promised to impose a 20% universal rate on all imports to the US, 25% on products from Canada and Mexico and more than 60% on Chinese products.

Governments impose tariffs ostensibly to protect domestic industries. Companies that import goods pay what is essentially a taxincreasing costs. This pushes them to look for local suppliers.

Because supply chains are so globally integrated and much manufacturing takes place outside the U.S., companies may find it difficult to move production to local shores. So the higher costs will likely be passed on to the consumer. in the form of price increases.

In other words, tariffs could cause more inflation.

Deportations

At a pre-inauguration event titled “Make America Great Again Victory Rally,” Trump fiance to his followers that “the invasion of our country will be over.” Like tariffs, stricter immigration policies (or outright deportations) are generally enacted to protect the national economy (among other reasons).

The theory is that with fewer people competing for each open position, it will be easier to get a job.

But many parts of the American economy, such as construction and agriculture, are served by undocumented immigrantswho take on jobs that are undesirable for residents. Even documented immigrants are crucial for higher-skilled sectors like tech, as evidenced by Elon Musk’s fight with Trump supporters over H-1B visas.

If reliable sources of labor disappear overnight, companies will have to raise wages to attract talent, which could reintroduce the prospect of the dreaded wage-price spiral.

Other policies

Trump has promised many other economic measures, such as corporate tax cuts, legitimizing cryptocurrencies, and withdrawing green energy subsidies.

However, tariffs could have the biggest impact on the economy and financial institutions globally.

— CNBC’s Sam Meredith, Ryan Ermey, Annie Nova, Rebecca Picciotto, Evelyn Cheng and Lim Hui Jie contributed to this report.