100 Acts of Trump: A list of the executive directives signed by the 47th President of the USA🖋️📄

10:14 am 21 January 2025

The first day of Donald Trump's presidency was not solely marked by ceremonial events. According to The New York Times, the 47th President of the USA signed "nearly 100 executive orders" on inauguration day, serving as the first step in implementing his campaign promises on the economy, domestic policy, and even TikTok.

As Trump emphasized in his speech, the new administration will "immediately restore the integrity, competence, and loyalty of the American government," with the overarching theme of the presidency being "putting America first."

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Some of the signed directives directly undo changes introduced by the outgoing Joe Biden administration, such as the cancellation of the so-called Climate Corps, which worked on climate change prevention. Trump also ordered a review of one of Biden's most significant economic laws, the Inflation Reduction Act.

A surprising aspect was Trump's relatively brief reference to tariffs. While he directly addressed 25% tariffs on goods from Mexico and Canada, China, which was a central focus during the campaign, was notably absent from explicit declarations.

Below is a list of the most important acts signed on inauguration day:

Trade and Economy

  • Department of Government Efficiency (DOGE): Creation of a new department led by Elon Musk to improve government efficiency.
  • Tariff Review: Announced plans to review US trade relations with China, Canada, and Mexico, with potential tariffs of up to 25% on Mexico and Canada by February 1. These measures aim to protect American workers and interests.
  • Treasury Office: Proposed a new agency to collect tariffs, shifting the tax burden from US citizens to foreign entities. Trump described this as a strategy to generate significant revenue from international sources.
  • TikTok Ban Temporarily Suspended: Trump granted a 75-day extension for TikTok to negotiate a resolution addressing US national security concerns, delaying enforcement of the ban.
  • Inflation Emergency: Trump instructed federal agencies to eliminate climate-related policies perceived as inflating energy prices, aiming to reduce housing and healthcare costs.

The Canadian Dollar is one of the weakest currencies today. The CAD is losing ground due to potential US tariffs that may be imposed within the next 10 days. However, it’s worth noting that despite today’s dynamic gains in the USDCAD pair, the exchange rate is merely recovering losses from yesterday, which resulted from the sharp weakening of the US dollar. (Source: xStation5)

Pardons

  • Trump issued full pardons to approximately 1,500 individuals involved in the events at the Capitol on January 6 and commuted sentences for 14 others.

Immigration

  • State of Emergency at the Border: Trump declared a state of emergency at the southern border, deployed military forces, and resumed the US-Mexico border wall project.
  • Deportations: Expanded enforcement powers to begin mass deportations of individuals deemed “criminals.”
  • End of Birthright Citizenship: Issued an order to eliminate automatic citizenship for children born to non-legal or temporary residents, including tourists and visa holders.
  • Asylum Policy Review: Suspended refugee resettlements for six months, ended the “catch and release” policy, and reinstated the “remain in Mexico” policy, requiring asylum seekers to wait in Mexico for court hearings.
  • Death Penalty for Illegal Immigrants: Ordered the Department of Justice to seek the death penalty for illegal immigrants convicted of maiming or murdering Americans.
  • Cartels and Gangs Designated as Terrorist Organizations: Declared MS-13, Tren de Aragua, and Mexican drug cartels as foreign terrorist organizations, enabling expedited deportations under the Enemy Alien Act

Energy and Climate

  • Withdrawal from the Paris Agreement: Resumed the process of withdrawing from the 2015 Paris Climate Agreement, requiring a year-long procedure.
  • Increase in Domestic Energy Production: Invoked emergency powers to review and reverse climate regulations seen as burdensome to energy production.
  • Expansion of Oil and Gas Exploration: Opened new areas, including offshore regions and Alaska, for exploration. Trump also pledged to refill the Strategic Petroleum Reserve to full capacity.
  • Wind Farm Restrictions: Halted the availability of new lands for wind farm investments, citing their impact on natural landscapes and limited consumer benefits.
  • Changes for Electric Vehicles: Eliminated subsidies and regulatory exemptions promoting electric vehicles, focusing instead on gasoline-powered cars.
  • Water Redistribution in California: Resumed efforts to divert water from Northern California to farmers in the Central Valley, reducing protections for endangered species.

Gender and Cultural Policies

  • Biological Gender Policy: Announced an official US policy recognizing only two genders (male and female), mandating that government documents reflect these definitions.
  • Elimination of DEI Initiatives: Ended diversity, equity, and inclusion (DEI) initiatives in federal agencies and military operations, citing a focus on merit-based governance and avoiding "radical political theories."

National Security

  • Reinstatement of Vaccine Opponents: Ordered reinstatement with back pay for military personnel dismissed for refusing COVID-19 vaccinations.
  • Withdrawal from WHO: Signed an order withdrawing the US from the World Health Organization, following earlier criticisms of the institution.

Federal Workforce

  • Return-to-Office Mandate: Directed federal employees to return to in-office work, ending remote work arrangements.
  • Federal Hiring Freeze: Imposed a hiring freeze on non-military federal positions, except for roles related to immigration enforcement and national security.
  • Regulation Freeze: Suspended all new regulatory actions for review by the incoming administration.

Cryptocurrencies

Bitcoin was indirectly one of the losers of yesterday’s inauguration. Despite speculation about strategic reserves, Donald Trump did not mention cryptocurrencies even once. As a result, Bitcoin erased nearly all of Monday’s gains.

On the other hand, during the inauguration, World Liberty Financial (WLD), a company linked to Donald Trump, invested over $100 million in various DeFi projects, including $47 million each in Ethereum and Bitcoin. Furthermore, over the weekend, WLD invested an additional $50 million in Ethereum. This suggests that despite the lack of explicit acknowledgment in his speech, Donald Trump continues to support the development of the cryptocurrency market. (Source: xStation5)

The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.

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