Trump is Here, So What is to Fear?
2025 has arrived, and Trump’s inauguration has happened, so what is next? What are the things that will be affected? The answer is a lot of things. In the previous term, Trump was new to these things and to being a president. However, now, Trump has gained a lot of knowledge about how to change things quickly and reach his goals faster than ever. Trump has signed 26 executive orders on his 1st day of the term. He is bound to change things a lot.
Trump will certainly impact a lot of the industries and that might also bring a lot of uncertainty. These industries might change a lot, or even may not change at all. It all depends on how things go for the winner of the election.
Drill, Baby, Drill
That is what Trump has been saying throughout his candidacy promotion. Trump will influence the energy sector by increasing the amount of drilling in the United States. Now, does this mean that the country’s nuclear companies might suffer a heavy blow and become stuck in the ‘Regulation Coil’? Maybe.
Uncertainty surrounds this term. However, Trump will most likely deliver on his promise and make the United States drill the ground until every car in the Country is filled with enough oil to get to the moon.
Trump is most likely to support oil companies, which might impact renewable companies. A lack of government support might lower investors’ funding of them. These companies are in for a rough time this term.
We Are All About To Get Zucked
Right, so technology companies are going to be affected. The biggest faces in tech were all at Trump’s inauguration, and they most definitely have stuff planned out. Meta just removed fact-checking on their website (not like they used to do it, anyway). So now, you can just say ‘Zuckerberg got a rat brain transplant’ on your grandma’s Facebook page after she ends up writing a message about the Joe Rogan and Mark Zuckerberg podcast that she recently watched. And nobody will fact-check it.
Lina Khan, US FTC chair, has resigned. There was uncertainty about her, even if either party won. Big corporations did not like her. She had Big Tech up on their toes. However, now that she has left, many mergers and acquisitions that were stopped or were just being considered might take place.
Alphabet might lose one of its golden children, the product that ties them all together, Chrome. The DOJ, which launched an antitrust case against Google, won the case and now there is uncertainty, about whether one of the Big Tech Boys is going to lose a very valuable product of theirs. Speaking of losing, TikTok got banned and came back. While it is still not back on any of the major app stores, it is online and might have to sell half of itself to someone else to keep itself online in the States. Uncertainty? Most definitely.
The Tariffs Are Here
Do you know what is Trump’s favorite word? Tariff, Tariff, Tariff? Tariff. Yup, and that is what he is going to do to a lot of countries. He might do it to Canada. So, say goodbye to, uh, what is it that Canada exactly exports? Oh yeah, poutine. However, Trump has threatened tariffs on Mexico and Canada. Not to say his favorite country, ‘China’.
However, more tariffs mean lower taxes, so yay, am I right? Wrong. Tariffs are most likely going to increase your indirect tax, so you will pay more to get goods and services. This could lead to an increase in manufacturing in the US, and that would benefit the economy.
The Tesla Reign
Do you know what big corporations like? Less competition. Comfort is the key to happiness, right? Or was that money they already have? Nonetheless, they want both, or to be precise, everything. So how would Trump’s winning lead to less competition for Tesla? Isn’t he anti-EVs? Yeah, that is one of his things. So how can he support his first buddy in his time of need? Through removing subsidies and policies that help other EV companies grow.
These policies and subsidies help the other companies bring competition to the EV market, and why will the ‘X’ owner want that? Another great thing one can do to remove competition from primarily other countries, and to be precise specifically ‘China’ as Trump says, is to increase tariffs. BYD, a name that has become somewhat huge in the EV industry, is based in China. Raising tariffs on China will also lead to their cars becoming more expensive in the U.S. Why buy an artificially expensive BYD when you can buy a Tesla from a good friend of the current administration?
DEI
So, the Diversity, Equity, and Inclusion programs are a dying breed in the United States nowadays. Mark Zuckerberg has announced that he will be rolling back on these programs for the firm. So has the United States government. Target has also rolled back on these programs, and so has McDonald’s. Even the company that Jeff Bezos runs based on the name of the forest in South America, which is very surprising.
A major supporter of DEI programs currently, however, remains Tim Cook, who is not budging. While the government policies are certainly against him, DEI programs are generally good and helpful at making informed decisions with various opinions, as Apple has demonstrated. Costco, Goldman Sachs, and J.P. Morgan have also supported the same programs.
Conclusion
Countless more industries are bound to be affected by this Trump reign. For example, in the crypto industry, Trump has promised to get a Bitcoin reserve. Now, will he actually do it? There is uncertainty. However, this is his last term unless something changes, and presidents can run for three terms afterward. But I doubt that would be the case. So, let’s hope that things remain sane and ‘Make America Great Again’, right?
