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US: Trump Inauguration Speech Confirms Reporting On Exec Order Strategy

US

US President Donald Trump's inauguration speech has largely confirmed reporting ahead of today's swearing in ceremony. The speech contained few surprises and hit many of his preferred talking points. 

  • Trump indicated that today's slate of executive orders will primarily pertain to energy and border security. He confirms that he will declare an 'energy emergency' today that will help bolster oil and gas production.
  • Trump says inflation was caused by "massive overspending and escalated energy prices", indicating the route out of inflation is to "drill baby drill."
  • Trump says he will fill the Strategic Petroleum Reserve up "right to the top" and "export American energy all over the world."
  • As expected, Trump also confirmed he will declare a national emergency at the US-Mexico border that will allow for the immediate enforcement of some hardline border security measures, including deploying military assets to the border and reinstating 'remain in Mexico'.
  • He confirms that he will designate narcotics cartels as foreign terrorist organisations, raising the prospect of US military force within Mexico.
  • Although today's actions don't appear to cover any trade or tariff policy, Trump says he "will begin an overhaul of the trade system," and confirms the establishment of the 'External Revenue Service'.
  • Trump also reiterates his desire to reassert US control over the Panama Canal.
  • Trump says he will direct his Cabinet to "marshal the best powers at their disposal" to "defeat inflation" and "bring down costs and prices". 
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US President Donald Trump's inauguration speech has largely confirmed reporting ahead of today's swearing in ceremony. The speech contained few surprises and hit many of his preferred talking points. 

  • Trump indicated that today's slate of executive orders will primarily pertain to energy and border security. He confirms that he will declare an 'energy emergency' today that will help bolster oil and gas production.
  • Trump says inflation was caused by "massive overspending and escalated energy prices", indicating the route out of inflation is to "drill baby drill."
  • Trump says he will fill the Strategic Petroleum Reserve up "right to the top" and "export American energy all over the world."
  • As expected, Trump also confirmed he will declare a national emergency at the US-Mexico border that will allow for the immediate enforcement of some hardline border security measures, including deploying military assets to the border and reinstating 'remain in Mexico'.
  • He confirms that he will designate narcotics cartels as foreign terrorist organisations, raising the prospect of US military force within Mexico.
  • Although today's actions don't appear to cover any trade or tariff policy, Trump says he "will begin an overhaul of the trade system," and confirms the establishment of the 'External Revenue Service'.
  • Trump also reiterates his desire to reassert US control over the Panama Canal.
  • Trump says he will direct his Cabinet to "marshal the best powers at their disposal" to "defeat inflation" and "bring down costs and prices".