On January 23, we hosted a webinar featuring Jon Decker, Chief White House Correspondent and Senior National Editor for Gray Television, to discuss the anticipated direction of President Donald Trump's leadership following his recent inauguration.
Mr. Decker highlighted that the new administration is expected to mark a significant shift from the policies of the previous Biden administration.
Trade policy is anticipated to move away from multilateral agreements, favoring bilateral deals that prioritize American interests.
In the energy sector, there will likely be an increased focus on domestic production of oil and natural gas, potentially accompanied by rollbacks on sustainability initiatives. The electric vehicle market could face challenges, as the potential elimination of federal tax credits, intended to bolster the traditional automotive industry and support domestic oil production, may increase vehicle costs and reduce sales.
in the meanwhile, the banking sector could benefit from deregulation, in particular through a more welcoming attitude towards cryptocurrencies. Additionally, there is expected to be a heightened emphasis on national security and stricter immigration policies.