Blitz start at the White House: Trump plans flood of executive actions

Donald Trump and his team have announced an astonishing number of executive orders for the day of his inauguration on January 20, which are to be implemented immediately after he takes office. In a multi-layered political strategy, up to 100 such orders are expected to be passed, focusing on issues such as immigration, deregulation, bureaucracy reform, and possibly tariffs. A central element of these measures is energy policy. Trump is pursuing a "Drill, Baby, Drill" approach to strengthen the fossil fuel industry. The focus is on reversing Biden-administration restrictions on approving LNG exports and regulations on electric vehicles. However, there is still uncertainty about whether certain measures, such as the protection of offshore areas, can be directly implemented. Tariffs prove to be the big joker in Trump's strategy. While he has hinted at imposing new tariffs on Canada and Mexico, there are uncertainties about when and how these will be implemented. Market experts are concerned about possible market reactions if drastic steps are taken. Trump's approach might be to introduce tariffs gradually to adapt flexibly to the economic impacts. It is also expected that Trump will take initiatives regarding the federal administrative apparatus, student loans, and possibly even a TikTok ban. The agenda remains unclear in some areas but could have profound implications for the economy and politics in the coming years.