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Donald Trump will take oath as the US President for the second time on 20 January 2025. The agenda of his tenure is to cut down on government expenditure and strengthen the country's economy. Billionaire Elon Musk and other industrialists have got important positions in his government. This new phase of Trumpism will be challenging for America.

Vikrant Shekhawat : Jan 02, 2025, 01:00 AM
Donald Trump News: Donald Trump is going to take oath as the President of America for the second time. Under his leadership, the face and agenda of the US government is set to change completely. Trump has included those billionaires and industrialists in his cabinet, who donated heavily to his election campaign. These include names like Elon Musk, Linda McMahon, and Howard Lutnick.

Trump's slogan "Making America Great Again" is his priority this time too, but there is a clear message with this slogan: "Every penny of America has to be saved." For this purpose, he has formed a team of billionaire advisors and ministers to stop government wasteful expenditure and implement his economic policies.

Navratna of Trump's team

Elon Musk: Trump has put him in charge of the Department of Government Efficiency (DOGE). Musk's role is to cut government spending and promote America's technological revolution.

Linda McMahon: WWE co-founder and close aide of Trump, who has been appointed as the Minister of Education. His selection has been accused of Trump planning to abolish the Department of Education.

Howard Lutnick: Appointed as Commerce Minister, he is in favour of bringing back America's 100-year-old economic policies.

Kelly Loeffler: Appointed as Administrator of Small Industries, who will play an important role in taking Trump's agenda to the grassroots level.

Charles Kushner: Trump's samdhi has been made the US ambassador to France, which is fuelling allegations of nepotism.

Reward of election donations

Analysts believe that members of Trump's team have been given key positions on the basis of their election contributions. Musk donated $263 million, McMahon $21.2 million, and Howard Lutnick $9.4 million. Trump's opponents claim that these appointments are against America's democratic values.

Impact on America and its allies

Trump's return to power has created panic among America's allies.

Canada: Trump's threat of "tariff war" has put Canada in trouble. Tensions have increased between Prime Minister Justin Trudeau and Trump.

Europe: The possibility of Trump's tariff attack has also raised concerns in the European Union.

China: Trump waged a trade war with China in his first term, and it is believed that he will adopt a more tough stance in the second term.

Why are tech company owners worried?

Companies like Meta, Amazon, and Open AI are nervous about Trump's return to power. With the presence of Elon Musk in the cabinet, industrialists like Sam Altman have started donating to improve relations with Trump.

New era or old problems?

Donald Trump's second term may be starting with controversies and criticism, but his supporters believe that he is committed to strengthening the American economy and keeping the country "first in the world". However, both America's allies and opponents are shocked by his steps.

It will be interesting to see from this new chapter of Trumpism whether Trump will be able to fulfill his promises or it will remain just a political spectacle.