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Trump's Second Term Begins with Policy Turmoil and Global Trade Tensions

Key actions include a federal funding freeze, tariff threats, and development aid cuts, sparking domestic and international uncertainty.

  • President Donald Trump initiated a temporary freeze on federal funding for numerous programs, citing opposition to 'marxist redistribution,' which was quickly overturned by court rulings.
  • The administration announced significant tariff increases on imports from Canada, Mexico, and China, though tariffs on Canada and Mexico were delayed by 30 days after border security commitments.
  • Trump's erratic trade policies have drawn criticism for potentially harming American consumers and businesses, with experts highlighting increased costs and economic inefficiencies.
  • The suspension of U.S. development aid, including to Afghanistan, raises concerns about worsening humanitarian conditions in aid-dependent regions, with experts warning of severe consequences for vulnerable populations.
  • Tensions with the European Union escalate as Trump threatens tariffs on European goods, prompting calls for the EU to maintain stability and resist U.S. pressure.
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