What Trump is planning for day one — and what could matter most for investors
- Trump is set to focus most on immigration in his initial actions, which could start new immigration raids immediately and also put a move to shut down the US-Mexico border in play.
- The most muscular move for Trump, which remains under consideration, would be to immediately declare a national emergency using a 1977 law called the International Emergency Economic Powers Act (IEEPA).
- Scott Bessent underlined the ambitious plans as he defended sweeping tariffs and said that a plank of Trump's coming agenda will be "a more generalized tariff as a revenue raiser for the federal budget."

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