Trump is holding off on tariffs but betting Day 1 moves can cut energy prices and tame inflation
Monday, 20 January 2025 () Donald Trump is holding off on tariffs during his first day and placing a big bet that his executive actions can cut energy prices and tame inflation. But itβs unclear whether his orders will be enough to move the U.S. economy as he promised. Executive orders coming Monday are meant to ease the regulatory burdens on oil and natural gas production. He also intends to declare a national energy emergency in hopes of jumpstarting more electricity production to build out technologies such as artificial intelligence that rely on data centers using massive amounts of energy. All those details are according to an incoming White House official who insisted on anonymity while outlining Trumpβs plans.
On Day One, President-elect Trump will sign over 200 executive actions addressing border security, energy policies, and government reforms, fulfilling key campaign promises to restore American sovereignty and reduce federal regulations.
#Trump #InaugurationDay #ExecutiveActions #BorderSecurity...
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Monday, 20 January 2025 ()
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