Trump returned to the White House, announced a number of policies on his first day in office and expressed his willingness to strengthen contacts with China, which attracted the attention of investors around the world.These policies and diplomatic plans not only affect the U.S. economy, but also could reshape the landscape of global trade and financial markets.

Trump's first day of policy disclosure and impact

1. Threats to impose 25% tariffs on Mexico and Canada

Trump emphasized that Mexico's border policy with Canada has led to the flow of illegal immigrants and drugs into the United States, and plans to impose a 25% tariff on goods from both countries.These tariffs are not only targeted at goods, but also a border policy response.He also said that if China does not approve the TikTok transaction, the United States may take further action on China goods.

• Impact: Tariffs will push up the prices of imported goods, affect consumer spending and corporate costs. For countries dependent on the U.S. supply chain such as Taiwan, they may provide new export opportunities, but they also face the risk of trade friction.

2. Elimination of electric vehicle subsidies and relaxation of emission regulations

Trump signed an order to cancel subsidies for electric vehicles and relax emission regulations to encourage the development of the gasoline vehicle market.He criticized subsidies for causing market unfairness and wanted to support traditional U.S. automobile manufacturing.

• Impact: Gasoline vehicle manufacturers such as Ford (F) and General Motors (GM) will benefit, but electric vehicle giants such as Tesla (TSLA) may face the challenge of reduced demand.

3. Extend TikTok ban

Trump postponed the TikTok ban and gave more time to find buyers.He stressed that data security remains a core concern and that if no agreement is reached, more stringent measures may be implemented.

• Impact: This move reduces uncertainty in the short-term Sino-US technology dispute and is good news for technology stocks such as Apple (AAPL) and Qualcomm (QCOM).

4. Declared a national energy emergency

Trump declared an energy emergency, relaxing restrictions on oil and natural gas, while reducing subsidies for green energy such as wind and solar energy.He believes that fossil fuels are the foundation of U.S. energy security.

• Impact: Traditional energy companies such as Exxon Mobil (XOM) and Chevron (CVX) will benefit, but green energy companies such as NextEra Energy (NEE) may face pressure.

5. Plan to visit China to deepen trade negotiations

Trump revealed that he might visit China within 100 days of taking office to hold talks with Xi Jinping on trade, TikTok, tariffs and other issues.He also expressed his intention to invite Xi Jinping to visit the United States and hoped to establish stable strategic communication channels.

• Impact: Plans to visit China may have a positive impact on Sino-US trade relations and reduce market uncertainty, especially for companies that rely on Sino-US supply chains such as TSM and other technology industries.