What to watch as the Trump 2.0 era begins

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

Optimistic about Trump's term
Trump's return to the White House has caused consternation among some countries due to his threat of tariffs and unpredictable foreign policies. But there are people in many other countries optimistic about Trump 2.0said the think tank of the European Council on Foreign Relations, as published global poll on Wednesday.

$MELANIA and $TRUMP
First lady Melania Trump she launched her own meme coincalled “Melania,” on Sunday evening. The Token is currently trading at $4.20, down from a high of around $13. On Friday, Trump too naming a meme coin called “Official Trump.” At the peak of the token prices, the Trump family net worth increased by billions of dollarsbased on holdings of the digital asset that has just been launched.

pardon Biden
Former US President Joe Biden on Monday have given forgiveness for several family members, citing concerns that they would be targeted by “baseless and politically motivated investigations”. Biden also pardoned Anthony Fauci, Sen. Mark Milley, members of Congress who investigated the January 6 Capitol riot and others he said below a “baseless” threat of targeting. for political reasons.

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

(PRO) The second time a replica of the first?
Trump may have a second term the same effect on some asset classes as he did the first round, according to some on Wall Street. To find out, CNBC Pro looked at the performance of several funds during the first 100 days of Trump's last presidency and asked analysts how those funds will fare.

Donald Trump is officially the 47th president of the United States – and plans to proceed. Trump has promised sign over 50 executive orders to dedicate a new one, according to a person in his transitional work. These are the two main issues that investors will be watching.

Taxes

“To me, the most beautiful word in the dictionary is 'target,'” Trump told the Economic Club of Chicago in October. On the campaign trail, Trump promised to tax a universal tariff 20%. on all imports into the US, 25% on products from Canada and Mexico and more on 60% on Chinese goods.

Taxes are imposed by governments to supposedly protect domestic industries. Companies that import goods pay what's in it basically a taxincreasing costs. This encourages them to look for local suppliers instead.

With supply chains so integrated globally, and much of the manufacturing being done outside the US, it may be difficult for companies to move production to local shores. The higher costs, therefore, are likely to be passed on to the consumer in the form of price increases.

In other words, tariffs could lead to more inflation.

Export

At a pre-inauguration event titled “Make America Great Again Victory Rally,” Trump promised to his supporters that “the attack on our country will have ended.” Like tariffs, stricter immigration policies—or outright deportations—are implemented to protect the domestic economy (among other reasons).

The theory is that with fewer people competing for each open job, it will be easier to find employment.

But there are many parts of the US economy, such as construction and agriculture workers with undocumented immigrantswho take on jobs that are not eligible for residents. Even documented immigrants are vital to higher-skilled sectors like tech — as demonstrated by the clash between Elon Musk and Trump supporters. H-1B visa.

If reliable sources of labor disappear overnight, companies will have to raise wages to attract talent, which could include the prospect of a return to the wage-price scare.

Other policies

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

Tariffs will probably have the biggest impact, however, on the economy and financial institutions universe.

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