What to Expect from Trump's First 100 Days as President

As Donald Trump prepares to take office today, the world is watching closely to see how his administration will shape the future of the United States. Trump's first 100 days in office are expected to be a whirlwind of activity, with significant changes and initiatives that will set the tone for his presidency. Here’s the top 6 things we can anticipate during this critical period.

 Immigration Policies

One of the most talked-about aspects of Trump's campaign was his stance on immigration. On day one, Trump has promised to launch the largest deportation program in American history, targeting undocumented immigrants with criminal backgrounds. Additionally, he plans to end birthright citizenship, a move that will likely face legal challenges. Trump has also vowed to terminate all Biden-era border policies, aiming to tighten control over the U.S. borders.

 Economic Measures

Trump's economic agenda includes sweeping tariffs that could have significant impacts on the U.S. economy. He has promised to implement policies that will boost American manufacturing and reduce reliance on imports. This includes renegotiating trade deals and imposing tariffs on countries that do not comply with fair trade practices. Trump's economic policies are expected to be a mix of protectionism and aggressive trade negotiations.

 Healthcare Reforms

Healthcare is another area where Trump is expected to make immediate changes. During his campaign, he criticized the Affordable Care Act (Obamacare) and promised to replace it with a more efficient system. While specific details of his healthcare plan are yet to be revealed, it is anticipated that Trump will push for reforms that reduce government involvement and increase competition among private insurers.

 Foreign Policy

Trump's foreign policy approach is likely to be assertive and unpredictable. He has expressed a desire to renegotiate international agreements and take a tougher stance on countries like China and Iran. Trump's administration is expected to prioritise American interests, potentially leading to strained relations with traditional allies. However, his focus on strengthening the U.S. military and increasing defence spending may also serve as a deterrent to potential adversaries.

 Environmental Regulations

Trump has been vocal about his scepticism towards climate change and environmental regulations. In his first 100 days, he is expected to roll back several environmental policies implemented by the previous administration. This includes withdrawing from international climate agreements and reducing restrictions on fossil fuel production. Trump's administration is likely to prioritize economic growth over environmental concerns.

 Judicial Appointments

One of the most lasting impacts of any presidency is the appointment of federal judges. Trump is expected to nominate conservative judges to fill vacancies in the federal judiciary, including the Supreme Court. These appointments will shape the legal landscape of the United States for decades to come, influencing decisions on key issues such as abortion, gun rights, and civil liberties.

 Conclusion

The first 100 days of Trump's presidency will be a period of significant change and activity. His administration's policies on immigration, the economy, healthcare, foreign relations, environmental regulations, and judicial appointments will set the stage for the next four years. As we watch these developments unfold, it is clear that Trump's presidency will be marked by bold and controversial decisions that will have far-reaching implications for the United States and the world.

 With the US now accounting for more than 60% of global markets, we mustn’t ignore what goes on over on “the other side of the pond”.  If you have concerns about how your savings or retirement portfolio is performing or how to benefit from today’s changing world, why not get in touch by clicking the link below?

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