financetom
Economy
financetom
/
Economy
/
Trump's second-term agenda: trade wars, mass deportations, destroying 'deep state'
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Trump's second-term agenda: trade wars, mass deportations, destroying 'deep state'
Nov 3, 2024 1:00 PM

(Updates with Trump warning of 'enemy from within' and calling

opponents 'evil')

By James Oliphant and Gram Slattery

Oct 28 (Reuters) - Donald Trump plans to deport millions

of migrants, reshape global trade with expensive tariffs and

fill the government with loyalists if he wins a second four-year

White House term in the Nov. 5 presidential election.

Here is a look at some of the policies Trump has pledged to

institute:

TRADE

Trump, a Republican, has floated the idea of a 10% or more

tariff on all goods imported into the U.S., a move he says would

eliminate the trade deficit, but critics say would lead to

higher prices for American consumers and global economic

instability.

He has said he should have the authority to set higher

tariffs on countries that have put tariffs on American imports.

He has threatened to impose a 200% tariff on some imported cars.

Trump has targeted China in particular. He proposes phasing

out Chinese imports of goods such as electronics, steel and

pharmaceuticals over four years. He seeks to prohibit Chinese

companies from owning U.S. real estate and infrastructure in the

energy and tech sectors.

FEDERAL BUREAUCRACY

Trump would seek to decimate what he terms the "deep state"

- career federal employees he says are clandestinely pursuing

their own agendas - through an executive order that would

reclassify thousands of workers to enable them to be fired. That

would likely be challenged in court. He has vowed to fire what

he terms corrupt actors in national security positions and "root

out" political opponents.

Trump has said he would require every federal employee to

pass a new civil service test of his own creation, though his

practical authorities to do so are limited. Close allies are

also vetting scores of potential hires who could be counted on

to implement his policies, and Trump has suggested they must

adhere to his belief that the 2020 election was fraudulent.

Trump would set up an independent government efficiency

panel headed by billionaire supporter Elon Musk to root out

waste in the federal government. He has not detailed how the

body would function but said it would develop a plan to root out

"fraud and improper payments" within six months of being formed.

He would crack down on federal whistleblowers who are

typically shielded by law and would institute an independent

body to monitor U.S. intelligence agencies.

INVESTIGATING ENEMIES

Trump has pledged at times to use federal law enforcement

agencies to investigate his political foes, including election

officials, lawyers and party donors.

He has warned of the danger posed by an "enemy from within"

in a reference to his opponents and called them "evil."

Trump has said he will consider appointing a special

prosecutor to probe Democratic President Joe Biden, though he

has not specified the grounds for such an investigation.

He has said the Justice Department would investigate

district attorneys on novel civil rights grounds, arguing that

some local prosecutors are engaging in an unconstitutional form

of selective enforcement.

And he has said he would consider firing a U.S. attorney who

did not follow his directives - which would constitute a break

with the longstanding U.S. policy of an independent federal law

enforcement apparatus.

Trump's allies are developing a plan that would curtail the

Justice Department's independence and pack its ranks with more

political appointees loyal to the president.

ENERGY

Trump pledged to issue a national emergency declaration to

boost domestic energy supply by eliminating bureaucratic hurdles

holding up new energy projects.

Trump has vowed to increase U.S. production of fossil fuels

by easing the permitting process for drilling on federal land

and would encourage new natural gas pipelines. He has said he

would reauthorize oil drilling in the Arctic National Wildlife

Refuge in Alaska.

He has said he will again pull the U.S. out of the Paris

Climate Accords, a framework for reducing global greenhouse gas

emissions, and would support increased nuclear energy

production. He would also roll back Biden's electric-vehicle

mandates and other policies to reduce auto emissions.

ECONOMY

Along with his trade and energy agendas, Trump has promised

to slash federal regulations that he says limit job creation. He

has pledged to keep in place a broad 2017 tax cut that he signed

while in office, and his economic team has discussed a further

round of individual and corporate tax cuts beyond those enacted

in his first term.

Trump has pledged to reduce the corporate tax rate from 21%

to 15% for companies that make their products in the U.S.

Trump has offered a blizzard of tax proposals, including

ending the taxation of tips paid to service workers.

He has promised to create a U.S. "sovereign wealth fund"

that would invest in large projects such as highways and

airports.

He has pledged not to cut Medicare or Social Security

benefits or raise the eligibility age.

Trump has said he will end Democrats' efforts to regulate

crypto and will defend the right to mine bitcoin, the world's

largest cryptocurrency.

IMMIGRATION

Trump has vowed to reinstate his first-term policies

targeting illegal border crossings, roll back Biden's

immigration measures and forge ahead with sweeping new

restrictions.

Trump has pledged to limit access to asylum at the

U.S.-Mexico border and embark on the biggest deportation effort

in American history, which would likely trigger legal challenges

and opposition from Democrats in Congress.

He has said he will employ the National Guard and, if

necessary, federal troops, to achieve his objective, and he has

not ruled out setting up internment camps to process people for

deportation.

Trump has said he would seek to end automatic citizenship

for children born to immigrants, a move that would run against

the long-running interpretation of the U.S. Constitution.

He says he will reinstitute a so-called travel ban that

restricts entry into the United States of people from a list of

largely Muslim-dominant countries.

ABORTION

Trump appointed three justices to the U.S. Supreme Court who

were part of the 6-3 majority vote that did away with

constitutional protection for abortion. He likely would continue

to appoint federal judges who would uphold abortion limits.

At the same time, he has said a federal abortion ban is

unnecessary and that the issue should be resolved at the state

level. He has argued a six-week ban favored by some Republicans

is overly harsh and that any legislation should include

exceptions for rape, incest and the health of the mother.

Even so, Trump has said that states, if they choose, could

monitor women's pregnancies and prosecute them if they undergo

the procedure beyond the period permitted.

Trump has suggested that he would not seek to limit access

to the abortion drug mifepristone after the U.S. Supreme Court

rejected a challenge to the government's approach to regulating

it.

He supports policies that advance IVF, birth control and

pre-natal care.

FOREIGN AFFAIRS

Trump has been critical of U.S. support for Ukraine in its

war with Russia and has said he could end the war in 24 hours if

elected, although he has not said how he would do that.

Trump has said that under his presidency, the U.S. would

fundamentally rethink NATO's purpose and mission. Though he has

put forward few tangible policy proposals, he told Reuters in an

interview last year that Ukraine may have to cede some territory

to reach a peace agreement.

Trump objected to a $61 billion aid package for Ukraine for

months, and some Republicans in Congress refused to back it.

Congress finally approved the package in late April, and Trump

has since suggested Ukraine's security is an important U.S.

interest.

Trump has supported Israel in its fight against Hamas and

recently held talks with Prime Minister Benjamin Netanyahu.

Trump has said the conflict should end quickly but has offered

no proposals for doing that or said whether he would differ from

the Biden administration's domestically controversial policy of

arming Israel.

On the campaign trail, he has also floated sending armed

forces into Mexico to battle drug cartels and using the U.S.

Navy to form a blockade to stop the smuggling of fentanyl and

its precursors.

Trump has suggested building an "iron dome" - a massive

missile-defense shield - over the entire continental United

States, which would be massively expensive and logistically

difficult.

EDUCATION

Trump has pledged to require colleges and universities to

"defend American tradition and Western civilization" and purge

them of diversity programs. He said he would direct the Justice

Department to pursue civil rights cases against schools that

engage in racial discrimination.

On the K-12 level, Trump would support programs allowing

parents to use public funds for private or religious

instruction.

CRIME

Trump says he would institute the death penalty for human

traffickers and drug dealers. He says he does not believe

federal statistics that show violent crime dropping in U.S.

cities.

He has said he will consider pardoning all of those who have

been convicted of crimes in connection with the Jan. 6, 2021,

attack on the U.S. Capitol.

HOUSING

Trump has pledged to open up portions of federal land for

large-scale housing construction, with zones that will be "ultra

low-tax and ultra low-regulation."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2025 - www.financetom.com All Rights Reserved