‘Trump 2.0 Has Started with...’: Market Expert Ajay Bagga Decodes Donald Trump's Tariff Call

President Donald Trump's second term commenced with bold promises and contentious actions, setting a provocative tone for his administration. Following his inauguration, where he pledged a "Golden Age of America," Trump embarked on a series of executive orders and policy shifts that underscored his unyielding agenda.

Sovereignty and Safety Restored
Central to Trump's address was the promise to reclaim American sovereignty and ensure national security. "Sovereignty will be reclaimed, our safety will be restored," he declared, emphasizing a departure from previous policies perceived as compromising national interests.

Retributive Stance and Policy Reversals
Unlike his first term, marked by pragmatic advisors, Trump's second term began with a confrontational stance. Market expert Ajay Bagga noted, "Trump 2.0 has started with a retributive, recriminative stance," highlighting a shift towards aggressive policy measures.
 

Trump wasted no time in overturning Biden-era policies, rescinding 78 executive actions and freezing federal hiring. His actions included withdrawing from the Paris Climate Accord, reviving tariffs, and designating drug cartels as terrorist organizations, permitting lethal force.

Tariffs and International Relations
On the economic front, Trump signalled a return to protectionism by suggesting tariffs on Mexico and Canada, hinting at broader implications for global trade. Analysts speculated on potential repercussions, including heightened tensions with key trade partners.

‘Analysts saying that if 25% tariffs are implemented on Canada and Mexico, then higher China tariffs could be also implemented. The US dollar gained on this news,’ as mentioned by Bagga on X.
 

Pardons and Polarization
Trump granted full pardons to approximately 1,500 January 6 rioters, exacerbating political divisions. The pardons, amidst ongoing legal battles and public outcry, highlighted Trump's unyielding stance on issues of law and order.

‘President Trump signed an executive order granting full pardons to about 1,500 Jan 6 2021 rioters,’ reads Bagga Post.
 

Environmental Policy Rollbacks
Environmental advocates expressed dismay as Trump reversed climate initiatives, including withdrawing from the World Health Organization and sidelining climate action.

His executive orders signalled a pivot away from global environmental commitments, sparking international concern.

Impact on International Relations
Trump's reassertion of tariffs and withdrawal from international agreements signalled a shift in US foreign policy. His approach, characterized by transactional diplomacy, aimed to renegotiate terms with trading partners, potentially reshaping global economic dynamics.

Bagga also added in his post by saying ‘From the White House Website...America Is Back’