President Donald Trump was inaugurated as the 47th President of the United States on Monday. Incoming White House officials have disclosed that President Trump will prioritize signing executive orders in his first days in office, potentially even at his rally on the same day. These executive orders are anticipated to focus on economic issues such as inflation and tariffs, aligning with the President’s remarks during his inauguration speech.
In his address, President Trump emphasized his intention to sign a series of historic executive orders to kickstart the restoration of America and promote common sense. The New York Times reported that President Trump has pledged to sign nearly 100 executive orders in the upcoming days, with the initial focus being on the economy, specifically inflation and energy.
President Trump attributed inflation to rising energy costs and excessive government spending. He announced plans to address this by signing an executive order declaring a national energy emergency to increase domestic oil and gas production for export purposes. This move is expected to boost job creation and ease regulations within the energy sector.
Furthermore, President Trump intends to revoke the electric vehicle mandate established by the Biden administration, which provided incentives for the purchase of electric vehicles. This action is aimed at supporting the American auto industry and fulfilling his promise to autoworkers. The President plans to issue this executive order promptly.
President Trump’s speech also touched upon the creation of the External Revenue Service to manage tariffs and taxes collected from foreign nations. This initiative aims to prioritize the interests of American citizens over foreign entities. Additionally, he mentioned the establishment of the Department of Government Efficiency (DOGE) to streamline government processes and enhance efficiency, a concept first introduced in November.
Overall, President Trump’s economic executive orders signal a proactive approach to addressing key issues affecting the American economy in his early days in office.
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