Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
U.S. President Donald Trump speaks at the Capital One Arena ahead of the 60th presidential inauguration in Washington, DC, on Sunday, Jan. 19, 2025.
Al Drago | Bloomberg | Getty Images
This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open provides investors with information on everything they need to know, no matter where they are. Do you like what you see? You can subscribe here.
Trump has said he will declare a national emergency
US President Donald Trump said on Monday that he will do so declaring a national energy emergency — part of a broader agenda aimed at increasing fossil fuel production — ended what he called the “Green New Deal” and withdrew the US from international commitments to combat climate change.
Optimistic about Trump’s tenure
Trump’s return to the White House has caused consternation among some countries over the threat of tariffs and unpredictable foreign policy. But people in many other countries do Optimistic about Trump 2.0said the European Council on External Relations, as it was published a global survey on wednesday
$MELANIA and $TRUMP
First Lady Melania Trump launched his own meme coinCalled “Melania”, on Sunday afternoon. The token is currently trading at $4.20, down from a high of around $13. On Friday, Trump too announced a meme coin Called “Official Trump.” At the peak of token prices, the Trump family net worth increased by $1 millionbased on its newly launched digital asset holdings.
Biden’s apology
Former US President Joe Biden on Monday He granted preventive pardons for several family members, citing the concern that they would be the target of “baseless and politically motivated investigations”. Biden also granted pardons to the members of Congress who investigated Anthony Fauci, General Mark Milley January 6 Riot in the Capitol and he said that others were below “unfounded” threat of targeting for political purposes.
The euro and sterling strengthen against the dollar
US markets were closed on Monday after Martin Luther King Jr. for the day Pan-European Stoxx 600 index It has grown by 0.05%. The euros and British pound strengthened against the US dollar, as reported Trump said he would not impose tariffs on US trading partners on his first day in office.
(PRO) The second time the echo of the first?
Trump’s second term may the same effects on certain asset classes as it did in the first round, according to some on Wall Street. To find out, CNBC Pro looked at the performance of various assets in the first 100 days of Trump’s last presidency and asked analysts how those assets will fare.
It’s Donald Trump officially the 47th President of the United States — and the intention to hit the ground. Trump has promised it Signing more than 50 executive orders fresh from his post, according to a person involved in his transition operation. Here are the two main themes that investors will be looking at.
Rates
“To me, the most beautiful word in the dictionary is ‘tariff,'” Trump told the Chicago Economic Club in October. On the campaign trail, Trump vowed to charge a 20% universal rate For all imports to the US, 25% on Canadian and Mexican merchandise and more than 60% in Chinese products.
Tariffs are imposed by governments ostensibly to protect domestic industries. Companies that import goods pay for everything basically a taxraising costs. This encourages them to look for local suppliers.
With supply chains so globally integrated and much of the manufacturing taking place outside the US, it may be difficult for companies to move production to local shores. Therefore, the higher costs will be passed on to the consumer in the price increase.
In other words, tariffs can lead to more inflation.
Deportations
During the pre-inauguration event called “Make America Great Again Victory Rally”, Trump hostage to his supporters that “the invasion of our people will stop”. Like tariffs, stricter immigration policies – or outright deportations – are usually implemented to protect the domestic economy (among other reasons).
The theory is that with fewer people competing for each open position, it will be easier to get employment.
But many parts of the US economy, such as construction and agriculture, are undocumented immigrants workwho take jobs that are not wanted for the residents. Documented immigrants are also key to higher-skilled sectors such as technology, as Elon Musk’s clashes with Trump supporters have demonstrated. 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, the legitimization of cryptocurrency, and the rolling back of green energy subsidies.
Tariffs, however, can 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.