Donald Trump Inauguration:-
Donald Trump officially took the oath of office as the 47th President of the United States during a ceremony held inside the U.S. Capitol, moved indoors due to severe cold weather. In his inaugural address, Trump pledged to strengthen executive authority, deport millions of undocumented immigrants, and redefine America’s role on the global stage.
Immediately following the ceremony, he signed 80 executive orders, reversing numerous policies enacted during the Biden administration. Leading up to the event, Trump held a pre-inaugural rally, where he vowed to take decisive action to end what he described as “America’s decline.” He also honored fallen soldiers by laying a wreath at Arlington National Cemetery before the inauguration.
Trump Withdraws From Global Tax Deal, WHO, and Paris Climate Accord
On his first day back in office, President Donald Trump signed a wave of executive orders reshaping U.S. domestic and foreign policy. Among the most consequential moves was his decision to withdraw the United States from the global minimum corporate tax agreement, a pact designed to curb tax evasion by multinational corporations. The decision sparked strong criticism and “deep regret” from European Union officials, who warned it could undermine global economic cooperation.
Trump also reversed U.S. participation in the Paris Climate Agreement and ordered the country’s withdrawal from the World Health Organization (WHO)—a dramatic rollback of key Biden-era policies. These actions align with Trump’s long-stated goal of reducing U.S. commitments to international organizations, favoring a more unilateral “America First” approach.
WHO Faces Funding Crisis Following U.S. Exit
Trump’s January 21, 2025 order to pull out of the World Health Organization has left the agency scrambling to address a major budget shortfall. As one of the WHO’s largest financial contributors, the U.S. exit will significantly reduce the organization’s funding, jeopardizing its ability to respond to pandemics, disease outbreaks, and global health emergencies.
Health experts warn the move could weaken global health coordination at a time when international collaboration is crucial. Critics argue the withdrawal reflects a retreat from global responsibility, while supporters see it as a necessary step to reduce U.S. dependence on international institutions.
China Reaffirms Commitment to WHO and Paris Climate Deal
Following Washington’s withdrawal, China reaffirmed its full commitment to both the World Health Organization and the Paris Climate Agreement, underscoring its intention to fill the leadership gap left by the United States.
Beijing emphasized that it would continue working with global partners to combat public health threats and tackle climate change, framing its stance as a defense of multilateral cooperation. Analysts view this as a strategic opportunity for China to strengthen its global influence and portray itself as a stabilizing force amid growing U.S.-China tensions.
The contrasting approaches highlight a deepening geopolitical divide between the world’s two largest economies—one stepping back from international engagement, and the other moving to take a more assertive global role.
Global Markets Rise Amid “Trump Bump,” But Oil Prices Tumble
Global stock markets climbed on Tuesday as President Donald Trump kicked off his second term with a wave of high-impact economic announcements. The early rally—dubbed the “Trump Bump”—reflected renewed investor optimism over potential tax cuts and deregulation. However, oil prices fell sharply, as expectations of increased U.S. drilling dampened energy market sentiment. Meanwhile, the U.S. dollar gave up earlier gains, signaling uncertainty about the long-term effects of Trump’s aggressive economic agenda. The mixed market response highlighted both confidence and caution as global investors assessed the implications of the new administration’s policies.
China Reaffirms Support for WHO After U.S. Withdrawal
In response to President Trump’s decision to withdraw the United States from the World Health Organization (WHO), China reaffirmed its unwavering support for the agency. Chinese Foreign Ministry spokesperson Guo Jiakun stated that the WHO’s role in promoting global health should be “strengthened, not weakened.” He emphasized China’s continued commitment to collaborating with the organization and the international community to build a shared global health network. The statement underscores Beijing’s growing efforts to position itself as a defender of multilateral cooperation amid Washington’s retreat from international institutions.
Trudeau Warns of Retaliation if U.S. Tariffs Are Imposed
Canadian Prime Minister Justin Trudeau issued a stern warning on Tuesday, vowing a swift and proportional response if President Trump follows through on his proposal to impose a 25% tariff on Canadian imports. Speaking at a press conference, Trudeau said Canada’s countermeasures would be “robust, rapid, and measured,” promising to match any U.S. tariffs “dollar for dollar.” The remarks signal growing economic tension between the two neighbors as trade relations face renewed strain under Trump’s protectionist policies.
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