Donald Trump erratically waves sword of Damocles
The returning president signed dozens of orders, including on immigration, foreign aid and pollution. His 25% tariff threats on Canada and Mexico also roiled currency markets. Obvious efforts to gain negotiating leverage barely mask how hard it will be to implement many policies.
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CONTEXT NEWS
President Donald Trump on Jan. 20 signed roughly 200 executive orders, including to rename the Gulf of Mexico and end U.S. birthright citizenship, on the first day of his second term, and said separately that 25% tariffs on Mexican and Canadian imports would go into effect on Feb. 1.
A general blanket tariff on all U.S. imports, promised by Trump on the campaign trail, did not materialize, with Trump calling into question whether his administration will ultimately pursue it. “We may, but we’re not ready for that just yet,” Trump said.