He’s Ba-a-a-ck. Get Used to the Roller Coaster
The dollar had a wild ride with Trump’s every inaugural utterance (or not) on tariffs, and Panama hasn’t been this in vogue since Van Halen.
Trump starts signing executive orders.
Photographer: Jim Lo Scalzo/EPATo get John Authers' newsletter delivered directly to your inbox, sign up here.
He’s ba-a-a-ck. Donald Trump’s second term has started without — despite one of his more infamous soundbites — proving to be a day of temporary dictatorship. It was still, however, a day of chaotically erratic messages that sent global markets on a roller coaster. The main news (for the moment) appears in the summary above; for some reason, Trump said nothing about his plans for Mexico and Canada until the end of the day. Things already probable and now confirmed include an initial focus on an immigration crackdown, and on culture war issues. The US has left the Paris climate accord again, much more quickly than in Trump 1.0, and restrictions on oil drilling are being lifted.