Trump Day 1, Executive Order Tsunami Incoming: Energy, Inflation, Immigration In Focus But What About Tariffs?

President-elect Donald Trump will likely waste no time reshaping U.S. policy once he officially re-enters the White House.
Within minutes of his swearing-in ceremony, the incoming administration is set to roll out a barrage of executive actions targeting energy, immigration, inflation, social policies and trade.
While his long-promised tariffs are expected to remain on hold — for now — Trump is reportedly expected to sign anywhere from 10 to 100 executive orders in his first 24 hours, marking a dramatic start to his second term.
Energy Emergency, Oil Declines
Trump is moving swiftly to boost U.S. fossil fuel production, with The New York Times reporting that he will declare a national energy emergency, even though President Joe Biden presided over a record boom in domestic oil production.
Analysts expect only marginal increases in oil production under Trump, despite the president-elect’s “drill baby drill” stance.
Trump is expected to significantly roll back environmental regulations and focus on Alaska’s vast oil and gas reserves, a resource the administration sees as critical to reducing energy costs.
The order will focus on Alaska’s vast natural resources and is expected to eliminate restrictions on domestic drilling, with the administration arguing that increased production will help lower gasoline and utility costs.
The same order will end the electric vehicle mandate and lift regulations on consumer appliances such as dishwashers and stoves.
Market reaction has been immediate—crude oil futures, tracked by the United States Oil Fund (NYSE:USO), fell 1.6% by 10:30 a.m. …Full story available on Benzinga.com

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