President-elect Donald Trump is set to declare a national emergency on his first day in office, granting him broad powers to reshape the domestic energy landscape, according to Bloomberg. This move aligns with his commitment to ramp up U.S. oil and gas production while reducing restrictions implemented by the outgoing administration over climate concerns.
Key measures expected include:
Energy Development: Expanding oil and gas drilling on federal lands.
Climate Policies: Rolling back regulations that hinder new energy projects.
Trump emphasized these goals during a rally on Sunday, framing energy independence as a cornerstone of his economic strategy, Fox News Digital reported.
Executive Orders and Trade Tariffs
Reports from Fox News Digital suggest Trump could sign over 200 executive orders on his first day, a record-breaking move aimed at jumpstarting his agenda. Among the expected actions are policies related to immigration, trade, and domestic economic growth.
Regarding trade, Bloomberg notes that Trump is likely to adopt a phased approach to imposing tariffs, balancing his hawkish stance against China with regulatory concerns. Analysts predict this strategy could introduce short-term market volatility but might bolster the energy and manufacturing sectors.
Investors can monitor market trends using real-time data sources like the Market Biggest Losers API to identify stocks most affected by potential trade disruptions. Additionally, the Historical Earnings API provides insights into how key energy and industrial companies have performed under similar policy shifts, aiding in informed decision-making.