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Current Affairs-Topics
Donald Trump Inaugurated as the 47th President of the United States
Donald Trump took the oath of office as the 47th President of the United States on January 20, 2025, marking his return to the White House after a four-year hiatus. |
Donald Trump was sworn in as the 47th President of the United States on January 20, 2025, marking his remarkable return to the White House after four challenging years. The inauguration, held indoors at the Capitol Rotunda due to record-breaking cold weather, signifies one of the most extraordinary political comebacks in American history. Trump becomes only the second president, after Grover Cleveland in 1893, to regain the presidency after losing it. At 78, he also replaces Joe Biden as the oldest person to take the oath of office.
Inauguration Day: Indoor Ceremony Due to Frigid Temperatures
The ceremony, originally set for the US Capitol steps, was moved indoors to the Capitol Rotunda because of the coldest inauguration day in 40 years. Despite the change in location, Trump's team declared that his presidency would usher in the "Golden Age of America." Trump's deputy, JD Vance, also took the oath during the indoor event, reminiscent of Ronald Reagan's 1985 inauguration, which had been relocated indoors due to severe weather.
Donald Trump’s Historic Political Comeback
Trump’s return to the presidency is a monumental political feat. Over the past four years, he faced numerous hurdles, including:
- Two impeachments
- Multiple legal indictments
- Assassination attempts
- A criminal conviction
Yet, Trump achieved a stunning electoral win in November 2024, sweeping key swing states and regaining Republican control of both the House and Senate. This victory grants him significant legislative leverage to pursue his agenda.
Promises for a New Era
In his inaugural speech, Trump promised substantial changes, declaring, "Making America Great Again is the need of the hour." His early agenda includes:
- Signing numerous executive orders soon after taking office
- Reversing Joe Biden’s policies
- Initiating "retribution" against political rivals and journalists
- Mass deportations of undocumented immigrants
- Declaring a national emergency at the US-Mexico border
- Ending birthright citizenship
- Banning transgender athletes from women's sports
- Repealing Biden's diversity initiatives
- Pardon the 2021 US Capitol rioters
Global Political Implications
Trump’s return has sparked concerns both domestically and globally, as his isolationist and unilateral approach to policy is expected to reshape international relations.
Impact on the Americas
Trump's tough stance on trade and immigration is likely to cause tension with neighboring countries:
- Mexico will face renewed pressure due to stricter immigration and tariff policies.
- Canada and Panama are cautious about his "America First" rhetoric.
European Concerns
European leaders, including French Prime Minister François Bayrou, have voiced concerns over Trump's "dominating politics." French President Emmanuel Macron emphasized the need for Europe to achieve strategic autonomy, particularly in defense, to counterbalance US influence.
Uncertainty for Ukraine
Trump has called for a reassessment of US aid to Ukraine, potentially weakening the country's ability to resist Russian aggression.
Tech Industry’s Shift in Alignment
Trump's return has led to a shift in the tech industry, with prominent CEOs, such as:
- Elon Musk (X and SpaceX)
- Jeff Bezos (Amazon)
- Mark Zuckerberg (Meta)
Along with other tech figures like Sam Altman (OpenAI), Sundar Pichai (Google), Satya Nadella (Microsoft), and Tim Cook (Apple), these leaders attended the inauguration to build ties with the Trump administration. However, critics worry that his policies may foster misinformation, polarization, and discrimination.
Economic Impact
Market Surge
Financial markets responded positively to Trump's return, buoyed by expectations of pro-business policies:
- Bitcoin surged to an all-time high of $109,241, anticipating deregulation in the cryptocurrency market.
- The US dollar strengthened, and global markets rallied in response to Trump’s pro-fossil fuel agenda.
Energy Policies
Trump's plans to expand oil drilling and relax energy sector regulations have bolstered investor confidence, signaling potential shifts in global energy markets.
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