"Trump Trade" rises again! The "First Day Executive Order" is the market focus this week

Last week, the "Trump Deal" has once again become the focus of the market, with strong overnight market performance.

Driven by U.S. inflation data coming in below expectations and economic growth exceeding expectations, all three major U.S. stock indices closed in the green, with the Dow, Nasdaq, and S&P 500 all breaking through key technical levels. Bitcoin recorded its largest weekly gain in two months, and gold approached historical highs.

Analysts point out that the current market focus is shifting from data to policy, Trump's "first-day executive orders" will become the core variable for the financial markets next week.

According to media reports, during a two-hour meeting with Senate Republicans, Trump stated that he is prepared with about 100 executive orders, which he plans to sign on his inauguration day, January 20, 2024.

These executive orders may involve tariffs, borders, and other sensitive areas, potentially having a significant impact on the market.

The specific policies are currently unknown, but we can outline some of the "notable" key policies that Trump promised to implement on his first day in office during his campaign.

Notable! Key Policies Promised by Trump in the Election

In terms of economic policy, according to CCTV News, Trump's first-day commitments mainly include:

New Tariff Policy: Plans to impose a 25% import tariff on Mexico and Canada, and establish a dedicated "Foreign Revenue Bureau" responsible for tariff collection.

Energy Policy: Last month, Trump's future press secretary Karoline Leavitt told Fox News that the new government would immediately work to expedite drilling and fracking permit approvals nationwide after taking office, aiming to quickly reduce the cost of living. Notably, according to data from the U.S. Energy Information Administration, U.S. energy production has reached record levels in 2023, exceeding consumption.

Restructuring the Automotive Industry: Committed to promoting a fully "Made in America" automotive industry, including using American energy, sourcing products from American suppliers, and hiring American workers. Trump emphasized at a rally in September that this transition would begin on his first day in office.

In terms of foreign policy, according to Shangguan News, Trump's most notable statement is his claim that he can end the Russia-Ukraine conflict within 24 hours of taking office. He stated during the debate in Philadelphia that he is confident he can end the conflict through negotiations, thanks to his good relationships with Zelensky and Putin. However, at a press conference in Mar-a-Lago in January, Trump acknowledged that it would not be appropriate to meet with Putin to discuss Ukraine issues before taking office.

Other major election commitments regarding immigration, democracy, and justice are summarized as follows (comprehensive reports from CCTV News and other media):

Immigration Policy

1. Launch a large-scale deportation plan

• Committed to initiating "the largest deportation plan in American history"
• Plans to use military assets and prepare to declare a national emergency
• Trump stated "cost issues are not a consideration"

1. Terminate birthright citizenship

• Plans to change the policy of automatic citizenship for those born in the U.S. as stipulated in the 14th Amendment
• Confirmed this plan on NBC News' "Meet the Press"

1. Terminate Biden-era border policies

• Committed to "terminate all open border policies of the Biden administration"
• Plans to restart the "Title 42" rapid expulsion mechanism

Democracy and Justice

Regarding the pardon of January 6 Capitol riot defendants

• Committed to considering pardon matters "within the first 9 minutes" after taking office
• Currently, over 1,580 defendants have been charged, with 1,270 convicted
• Indicated that he will consider pardons for defendants of violent crimes

Social Policy

1. Restrict transgender participation in women's sports

• Committed to immediately restricting transgender women from participating in women's sports
• Plans to cut federal funding for schools promoting related theories

1. Terminate gender-affirming care

• Committed to rescinding the Biden administration's policies on "gender-affirming care"
• Plans to restrict related medical practices