Trump’s executive orders include these economic policies

Trump’s executive orders include these economic policies

President Donald Trump was sworn in on Monday to 47. President of the USA.

Original White House officials he told journalists that Trump would sign executive orders in the first days of office and on him Rally on Monday evening. And he did.

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“Today I will sign a series of historical executive orders,” said Trump His inaugural speech. “Thanks to these activities, we will start the complete renovation of America and the revolution of common sense. It’s about common sense. “

US President Donald Trump shows the executive ordinance, which he signed on the Capital One Arena in Washington, the United States, January 20, 2025 Wu Xiaoling/Xinhua by Getty Images

New York Times estimates that Trump promised to sign Nearly 100 executive orders In the coming days.

Some of the first economic executive orders Trump said that he would sign their inaugural speech were related to inflation and energy.

Trump claimed that inflation was caused by rising energy costs and excessive government expenditure, and he would work on “rapid reduction of costs and prices.”

On Monday, he signed an executive order Domestic energy accident in which the US will produce and export more oil and gas.

“We will reduce prices, fill our strategic reserves again, straight to the top and export American energy around the world,” said Trump.

White House officials said ABC News Reporters This movement would create jobs and limit the provisions on the energy industry.

The United States was the world’s largest motor gasoline exporter in 2023, based on over 16% of worldwide exports, based on Administration of American energy information.

According to no president, he announced the “national energy failure” E & e and newsAlthough President Jimmy Carter declared regional energy situations, including one in Pennsylvania in 1978.

Trump also signed an executive order Electric vehicle mandatewhich he gave Over $ 1 billion In encouragement through tax breaks regarding the purchases of electrical vehicles.

“We will cancel the mandate of electric vehicles, saving our automotive industry and maintaining my holy promise to our great American autovorkers,” said Trump in his inaugural speech, adding: “We will again build cars in America at the pace that no one could dream only a few years ago.

Trump too signed an executive order Establishment of the government or dog efficiency department, which goals to reform government bureaucracy and reduce inefficiency.

He announced the department for the first time in November and is run by Tesla and CEO SpaceX Elon Musk.

Trump said one other economic ordinance in his speech, was the establishment of an external income service to gather tariffs and taxes from foreign countries.

“Instead of taxing our citizens with enriching other countries, we will tariff and tax foreign countries to enrich our citizens,” said Trump.

Asset Ordered agencies to review The impact of tariffs on trade with Mexico, Canada and China and provides feedback until April 1.

Trump signed one other executive order On Monday, he laid an end to distant work in the federal government and ordering fully personal work.

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