Donald Trump Inauguration:-

Donald Trump was sworn in as the 47th President of the United States inside the US Capitol, where he vowed to expand executive power, deport millions of immigrants, and reshape America’s global role. The ceremony was moved indoors due to cold weather. Trump’s inaugural address outlined his four-year plan, and he signed 80 executive orders to reverse many actions of the Biden administration. Pre-inaugural celebrations included a rally where Trump promised swift action to end "American decline" and participated in a wreath-laying ceremony at Arlington National Cemetery.

Trump pulls out of global corporate tax agreement, threatens retaliatory measures

On his first day as president, Donald Trump signed a series of executive orders, making swift changes to U.S. policy. One of the most notable actions was his decision to withdraw the United States from a global minimum tax agreement, drawing criticism and "regret" from European Union officials. Trump also pulled the country out of the Paris Climate Accords and the World Health Organization (WHO), reversing key initiatives set by his predecessor, Joe Biden. These moves align with Trump's broader agenda to reshape U.S. foreign and domestic policy, marking a sharp break from previous international commitments.

Trump's US pullout order leaves WHO budget tightened

On January 21, 2025, President Donald Trump's order to pull the United States out of the World Health Organization (WHO) has left the global health agency facing a serious financial crisis. This move will significantly impact the WHO's budget, depriving it of critical funding from one of its largest contributors. The withdrawal comes after Trump's previous attempt during his first term to sever ties with the organization, a plan that was ultimately reversed by his successor, Joe Biden.

This decision raises concerns among global health experts, as the WHO plays a pivotal role in addressing public health emergencies, such as pandemics, disease outbreaks, and health crises around the world. Without the support of the United States, the WHO's ability to tackle these issues could be significantly compromised. Critics warn that Trump's decision undermines international cooperation, especially at a time when global health challenges demand a unified response. The international community will likely feel the effects as the WHO scrambles to adjust its budget and resources in the wake of this setback.

After US Pulls Out, China Says Committed To WHO, Paris Climate Deal

In response to US President Donald Trump's decision to withdraw the United States from the World Health Organization (WHO) and the Paris climate agreement, China has reaffirmed its commitment to both global initiatives. Despite Trump's executive orders, which signal a shift away from international cooperation, China emphasized its resolve to actively participate in these key multinational efforts.

The move marks a significant divergence in global leadership as China positions itself as a staunch advocate for public health and climate action. China’s ongoing participation in the WHO is crucial for global health response, particularly amid the ongoing COVID-19 pandemic. Additionally, China's role in the Paris Agreement remains vital as the world continues to grapple with climate change.

As the US steps back from these alliances, China’s pledge is seen as a statement of its commitment to global cooperation on issues that affect nations worldwide. This decision also highlights the increasing geopolitical rift between the US and China, especially in areas concerning global governance and environmental sustainability.

Stocks Enjoy 'Trump Bump', But Oil Slumps

Global stock markets saw an uptick on Tuesday as President Donald Trump quickly launched his second term with a series of announcements impacting the global economy. However, oil prices dropped due to expectations of increased drilling in the U.S., while the dollar lost much of its earlier gains. The mixed reactions in the markets highlight a blend of optimism and uncertainty surrounding the new administration's policies.

China Vows To Support World Health Organisation After US Withdrawal

China pledged to continue its support for the World Health Organization (WHO) on Tuesday, following President Donald Trump’s executive order for the U.S. to withdraw from the agency. Trump has criticized the WHO’s response to the Covid-19 pandemic. Chinese foreign ministry spokesman Guo Jiakun emphasized that the role of the WHO should be strengthened, not diminished, and reiterated China's commitment to supporting the organization in its mission to build a global health community.

Canada will respond' if US imposes tariffs: Trudeau

Canadian Prime Minister Justin Trudeau warned on Tuesday that Canada would respond strongly if U.S. President Donald Trump imposes a 25% tariff on Canadian imports, a move Trump indicated could take effect in February. Speaking at a news conference, Trudeau stated that Canada’s response would be “robust, rapid, and measured,” empvhasizing that it would match the U.S. tariffs dollar for dollar.

References

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