President-elect Donald Trump likely won’t waste any time reshaping American politics once he officially returns to the White House.
Minutes after its inauguration ceremony, the incoming administration is expected to roll out a series of executive orders targeting energy, immigration, inflation, social policies and trade.
While his long-promised tariffs are expected to remain on hold – for now – Donald Trump is expected to sign between 10 and 100 executive orders in his first 24 hours, marking a dramatic start to his second term.
Energy emergency, drop in oil
Trump is moving quickly to boost U.S. fossil fuel production, according to The New York Times He will declare a national energy emergency, even as President Joe Biden has presided over a record boom in domestic oil production .
Analysts predict only marginal increases in oil production under Trump, despite the president-elect’s stance in favor of “drill, baby, drill.”
Trump is expected to dramatically roll back environmental regulations and focus on Alaska’s vast oil and gas reserves, a resource the administration sees as crucial to reducing energy costs.
The order will focus on Alaska’s vast natural resources and is expected to eliminate restrictions on domestic drilling, with the administration arguing that increased production will help lower gasoline costs and public services.
The same order will end demand for electric vehicles and lift regulations on household appliances such as dishwashers and stoves.
The market reaction was immediate – crude oil futures, followed by United States Oil Fund (NYSE:USO), fell 1.6% as of 10:30 a.m. ET as traders digested the implications of higher U.S. production.
A large-scale inflationary strategy
The Trump administration will also launch a large-scale government initiative to combat inflation, although specific details are scarce.
A White House official told Reuters the effort would include “decisive actions” to lower costs for U.S. consumers, potentially linked to energy production and supply chain deregulation.
Immigration crackdown, border emergency, cancellation of diversity programs
Trump also takes an aggressive stance on immigration and other social policies.
According to Reuters, the president-elect is preparing to declare illegal immigration a national emergency, paving the way for a series of executive orders. An incoming administration official told the outlet that Trump will block all asylum applications at the U.S.-Mexico border, deploy additional troops and speed up construction of the border wall.
The official, speaking on condition of anonymity, also confirmed that Trump will designate criminal cartels as foreign terrorist organizations. A move that could intensify tensions with Mexico, given the fact that
The most legally controversial executive order will likely be Trump’s attempt to end tenure-track citizenship.
Reuters also reported that the administration will advance an executive order to deny U.S. citizenship to children born on U.S. soil to undocumented parents. The measure is expected to face immediate constitutional challenges, as the 14th Amendment explicitly guarantees citizenship based on the right of soil.
-“The federal government will not recognize automatic citizenship by law for children of illegal aliens born in the United States. We will also strengthen the control and screening of illegal foreign nationals,” the official told Reuters.
The president will also sign an executive order ending all federal diversity, equity and inclusion programs, rolling back expanded initiatives under the Biden administration.
The measure extends to hiring practices, government contracts and workplace training, marking a significant rollback of affirmative action efforts within federal agencies.
Trump is also expected to sign a proclamation declaring, under federal law, that there are only two biological sexes – male and female.
Prices on hold, for now
Despite his fiery campaign speeches on trade, Trump will not impose new tariffs on his first day in office, a temporary relief for markets that had been expecting widespread tariff measures.
Instead, he is expected to sign a memo directing federal agencies to review U.S. trade policies, particularly as they relate to China, Mexico and Canada, according to an exclusive Wall Street Journal report.
The outlet confirmed that Trump’s team prepared a broad directive on trade policy, but chose to delay immediate tariff measures.
The odds of Trump announcing tariffs before Thursday have fallen to as low as 16%, according to Kalshi, a forecasting platform regulated by the CFTC, the lowest level since betting began in December.
Also read: Market Bets on Trump Tariff Announcement Fall, Dollar Falls: What’s Happening?
A presidential decree on cryptocurrencies from day one? It’s more likely than ever
As tariffs are discounted, speculation is rife as to whether Trump will take action on cryptocurrency regulation today.
On Kalshi, markets currently assign a 56% probability of issuing a presidential decree relating to cryptocurrencies within the first 24 hours.
While the Bitcoin (CRYPTO:BTC) is trading above $105,000 as investors wait to see if Trump will move forward with a strategic Bitcoin reserve, a concept he floated during his election campaign.
The move would signal a pro-crypto shift in US politics, which could potentially influence regulatory frameworks for digital assets.
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