Trump As US President

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Trump As US President
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Inauguration Speech Donald Trump Vows to Unseat
Establishment

• Donald Trump was sworn in as the 45th president
  of the United States, delivering a fiery attack
  on the Washington establishment in which he vowed
  to return power to the American public and
  deliver on pledges he made in his campaign.
• Today we are not merely transferring power from
  one administration to another or from one party
  to another, Trump said on Friday in
  his inauguration speech. We are transferring
  power from Washington, DC and giving it back to
  you, the people.
• Trump, 70, who has not previously held elected
  office, took the oath of office at about noon
  from Chief Justice John Roberts at the US
  Capitol. In a nod to the populist groundswell
  that propelled him to the White House, he said he
  would remake the nations political order.

Read Full Inauguration Speech Here
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Tellis urges Trump to retain Obama's policy
towards India

• As President Donald Trumps administration and
  policies take shape, Ashley Tellis,
  whom Washington Post identifies as Americas
  likely next ambassador to New Delhi, has urged
  Americas new president to continue former
  Presidents George W Bush and Barack Obamas
  policies towards Asia, and India in particular. 
• Writing in the publication, Asia Policy, Tellis
  has recommended that Trump should take the
  existing threats of Pakistan-supported terrorism
  against India more seriously, develop a
  considered strategy for aiding India in coping
  with Chinese assertiveness, and persist with
  the existing US policy of eschewing mediation on
  the thorny Indo-Pakistani dispute over Jammu and
  Kashmir.
• New Delhi is concerned that the Trump
  administration might back track substantially on
  Obamas rebalance to Asia, reducing the
  salience of India in US foreign policy. While
  campaigning, Trump had indicated he would reduce
  Americas superpower role of maintaining global
  order, allow US military intervention only to
  tackle direct threats to the US homeland, make
  military allies pick up a larger share of the
  bill for their own defence and reject
  multilateral trade pacts like the Trans-Pacific
  Partnership, a key component of Obamas economic
  strategy in Asia. 

Read Full News Here
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Dollar falls, US stocks end higher after Trump
inauguration

• The dollar ended down while US stock indexes rose
  in the last day of a choppy trading week,
  as investors reacted to President Donald Trump's
  inaugural speech.
• US stocks started the day higher but gave up some
  gains after Trump started speaking.
  Some investors worried about the tone of the
  former reality TV star's speech and others saw
  more negativity than optimism in his words.
• US Treasury yields fell from 2-1/2-week highs
  after the speech on concerns fiscal stimulus
  efforts may be delayed. The dollar, which has
  lost some momentum in recent weeks, was off 0.3
  per cent against six major currencies 

Read more about this news here.
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US stocks pare gains after Trump's inaugural
speech

• Wall Street pared gains sharply on Friday
  after Donald Trump made his inaugural speech as
  the 45th president of the United States.
• "From this day forward it is going to be only
  America first," Trump said after being sworn in,
  adding that the U.S. policy will be to buy
  American and hire American.
• Trump's campaign promises of tax and regulatory
  reforms and higher infrastructure spending had
  driven Wall Street to new highs in a
  post-election rally.
• However, the Trump trade had been unraveling in
  recent weeks as investors waited for more clarity
  on his plans to boost the economy.
• "Having listened to Trump's speech, there is a
  concern about what his trade policies will be,"
  said Jamie Cox, managing partner of Harris
  Financial Group in Colonial Heights, Richmond,
  Virginia.

Read more about Stock Market News here
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