Trump has signed five executive orders and announced two plans on those issues. A plan to create 25 million new jobs and grow the economy at 4 percent annually for the next decade was unveiled in a White House statement moments after he took office.
As promised during his campaign, those plans will be achieved by lowering the corporate tax rate from 35 percent to 15 percent, simplifying the U.S. tax code and reducing the number of tax brackets from seven to three. Also in keeping with campaign promises, renegotiating multinational trade deals that "engage in illegal or unfair trade practices that hurt American workers", is also part of the plan, the statement read.
With the stroke of his pen on an executive order, Trump pulled the U.S. out of the Trans-Pacific Partnership (TPP) trade deal that included 12 Pacific Rim nations and 40 percent of global trade that took President Barack Obama seven years to negotiate.
Closer to home, Trump announced he would be in touch with Canadian and Mexican leaders to renegotiate the much maligned North American Free Trade Agreement (NAFTA) he has often called a “bad deal”. While campaigning for the nation’s highest office, Trump promised to "unleash an energy revolution" by increasing domestic oil, gas and coal production. He swiftly moved to fulfill those promises with a separate White House statement with plans that include increasing hydrocarbon production on federal lands in hopes of generating revenue for a $1 trillion infrastructure spending plan.
"We must take advantage of the estimated $50 trillion in untapped shale, oil, and natural gas reserves,” he said in a statement. Just as he became president at noon Jan. 20, the White House removed all of its website pages that referenced climate change under the Obama administration, upsetting many environmentalists and activists who fear the new administration will roll back protections that were gained under the last president.