On Monday, shortly after delivering his inauguration speech, President Trump signed the first executive actions of his second presidential term at the U.S. Capitol. These measures, spanning various policy areas, underscore the administration’s determination to quickly implement its agenda and reshape domestic and international policies.
America First Trade Policy
A central initiative among the actions is a memorandum detailing a comprehensive trade policy aimed at bolstering the American economy and enhancing national security. This policy focuses on addressing trade deficits, combating unfair trade practices, and strengthening economic resilience.
The memorandum tasks federal agencies with producing detailed reports and recommendations by April 1, 2025. These reports will examine a wide range of trade-related issues, including strategies for establishing the External Revenue Service, identifying unfair foreign trade practices, and evaluating the impact of the USMCA, among others.
View – America First Trade Policy
During the signing, President Trump reportedly announced plans to impose a 25% tariff on goods imported from Canada and Mexico on February 1.