Donald Trump was inaugurated as the 47th President of the United States, launching into his second term with a series of policy announcements that promise significant shifts in several areas of governance.

One of the central initiatives announced is Stargate, an alliance of companies, including OpenAI, Oracle, and SoftBank, set to invest at least $500 billion in artificial intelligence.

The project is expected to create over 100,000 jobs and will require significant energy resources, as stated by President Trump.

The infrastructure for Stargate is already under construction in Texas.

In trade policy, President Trump has proposed a 10% tariff on Chinese goods, slated to take effect on February 1. This development comes amid tense trade relations between the two countries, with implications for global markets.

International relations are also in focus, as Trump has indicated the possibility of imposing sanctions on Russia if President Vladimir Putin does not engage in negotiations regarding Ukraine.

Furthermore, President Trump has reiterated his desire for American ownership of at least half of TikTok, with a nod to Elon Musk as a potential buyer.

Concerns were raised internationally when the government of Panama alerted the United Nations regarding Trump's comments on the potential reassertion of control over the Panama Canal, which Panama maintains is a violation of the Torrijos-Carter Treaties.

Domestically, the Trump administration revoked previous directives, allowing immigration raids in previously protected areas such as schools and churches.

This move aligns with Trump's campaign promise to intensify deportations.

The administration has also initiated regulatory changes in the cryptocurrency sector, reducing barriers and forming a task force to create a comprehensive framework for cryptoassets.

In environmental policy, Trump has indicated a return to fossil fuels, signaling a departure from previous administration’s stances.

Additionally, Trump has signed an executive order withdrawing the United States from the World Health Organization, reflecting his past criticisms of the organization's handling of health crises.

Furthermore, pardons have been issued to individuals involved in the January 6 Capitol riots, including leaders of radical groups, fulfilling another of Trump’s campaign promises.

The international response to these initial measures was mixed, with leaders at the World Economic Forum in Davos expressing cautiousness.

German Chancellor Olaf Scholz emphasized the strategic partnership between Germany and the United States, despite the changes.

Meanwhile, the European market saw the euro drop to $1.0400 as a reaction to Trump’s return and policy shifts.

These developments reflect the administration's early approaches in areas such as trade, international diplomacy, immigration, and environmental regulation, setting the stage for significant impacts both domestically and globally.