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Cover Story: Trump Sets the World on Edge (AI Translation)

Published: Feb. 1, 2025  11:58 a.m.  GMT+8,  Updated: Feb. 1, 2025  11:58 a.m.
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2025年1月20日,美国首都华盛顿特区,美国总统唐纳德·特朗普在国会大厦的圆形大厅举行的就职典礼上发言。
2025年1月20日,美国首都华盛顿特区,美国总统唐纳德·特朗普在国会大厦的圆形大厅举行的就职典礼上发言。

文|财新周刊 曾佳 发自美国首都华盛顿,王晶 路尘 胡暄 发自北京 ,徐和谦 发自瑞士达沃斯

By Zeng Jia from Washington, D.C., USA, Wang Jing, Lu Chen, Hu Xuan from Beijing, Xu Heqian from Davos, Switzerland for Caixin Weekly

  2025年1月20日,于2024年11月的美国大选中以明显优势胜出的特朗普,在美国首都华盛顿的国会大厦穹顶下,宣誓就任第47任美国总统。曾经在2017—2021年担任过美国第45任总统的特朗普,也成为美国历史上,继19世纪末的克利夫兰之后,第二位先后两次当选,但中间曾遭击败,致使两个任期未能连续的美国总统。现年78岁的特朗普,还刷新了美国总统就任时的最高龄纪录。

On January 20, 2025, Donald Trump, who emerged victorious in the November 2024 U.S. presidential election by a clear margin, was sworn in as the 47th President of the United States under the Capitol dome in Washington, D.C. Having previously served as the 45th President from 2017 to 2021, Trump becomes the second president in U.S. history, after Cleveland in the late 19th century, to be elected to non-consecutive terms after having been defeated in between. At 78 years old, Trump also sets a new record as the oldest individual to assume the presidency in the United States.

  今年,就职仪式举行前,华盛顿以及美国各地虽然举行了反对特朗普的游行,但美国民意和政治风向似乎比八年前更加聚拢。《华尔街日报》的民调显示,特朗普第二次上台时的支持率高于首次执政,并且高于拜登。

This year, even as protests against Trump took place in Washington and across the United States ahead of the inauguration ceremony, American public opinion and political trends seem to be more consolidated than they were eight years ago. A Wall Street Journal poll indicates that Trump's approval rating during his second term exceeds that of his first time in office and is higher than Biden's.

  在这场长约30分钟的就职演说的前半段,特朗普神情肃穆,声调没有明显起伏,大部分时间望着提词器朗读讲稿。当天,相对于打着一条鲜红色领带的美国新任副总统万斯,特朗普佩戴了一条远观上去泛着紫色、实则为红蓝两色斑点密集相交的领带。这样的领带花色,或意味着以红、蓝颜色为代表的美国两党政治光谱的重新团结。

During the first half of this approximately 30-minute inaugural speech, Trump maintained a solemn expression and his tone showed little variation, spending most of the time reading from the teleprompter. On that day, compared to the newly inaugurated Vice President of the United States, Wance, who wore a bright red tie, Trump donned a tie that appeared purple from a distance but was actually a dense pattern of red and blue dots intersecting. The design of such a tie might signify a new unity across the political spectrum represented by the red and blue colors of the two major American parties.

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Caixin is acclaimed for its high-quality, investigative journalism. This section offers you a glimpse into Caixin’s flagship Chinese-language magazine, Caixin Weekly, via AI translation. The English translation may contain inaccuracies.
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Cover Story: Trump Sets the World on Edge (AI Translation)
Explore the story in 30 seconds
  • Donald Trump was inaugurated as the 47th U.S. President, becoming the oldest individual at 78 and the second to serve non-consecutive terms.
  • His initial executive orders include immigration tightening, traditional energy support, and revoking censorship, with significant market impacts anticipated from potential tariffs.
  • Trump's foreign policy generates apprehension among U.S. allies, particularly on issues like Greenland and the Panama Canal, while potential diplomatic challenges with Russia-Ukraine and China-U.S. relations loom.
AI generated, for reference only
Explore the story in 3 minutes

In a historic political comeback, Donald Trump was sworn in as the 47th President of the United States on January 20, 2025, having previously served as the 45th President. At 78, he became the oldest president to assume office in U.S. history. This victory made him one of only two presidents to serve non-consecutive terms, the other being Cleveland in the 19th century. The inauguration took place under significant protests across the U.S., but Trump's approval ratings were reportedly higher than during his first term, according to a Wall Street Journal poll[para. 1][para. 2].

In his inauguration speech, Trump reiterated his view of the U.S. as a "declining nation" and labeled his victory as a mandate to counter the previous government's betrayals. He recalled a campaign incident where he survived an assassination attempt, attributing his survival to divine intervention, and claimed a mission to once again "Make America Great."[para. 3][para. 4]. The speech's latter section focused on his intended executive orders aiming to counter "wokeness" and emphasized a return to common sense, drawing enthusiastic support from his Republican base.[para. 5][para. 6]. Trump also reiterated foreign policy measures like reclaiming the Panama Canal and renaming the Gulf of Mexico, aspiring to be a peacemaker, particularly between Russia and Ukraine.[para. 7][para. 8].

After his speech, Trump immediately began implementing his policy agenda, signing 42 executive orders on his first day, covering immigration and energy and withdrawing from the World Health Organization and the Paris Agreement. Despite the ambitious rollout, some actions, like ending birthright citizenship, faced immediate legal challenges and are unlikely to be enforced.[para. 9][para. 11][para. 12]. Resembling his first term, Trump's presidency appears poised for controversy and challenges as he moves towards reshaping U.S. domestic and foreign policy.

Internationally, Trump's unexpected win has stirred concerns about a shift in the global post-war order, suggesting uncertainty, especially for U.S. allies in Europe and beyond. The administration's aggressive stance on tariffs against partners like Mexico and Canada exemplified such concerns, although economic growth under Biden was strong heading into Trump's term. Further, Trump’s approach has also included efforts to engage in the Russia-Ukraine conflict, although achieving significant diplomatic resolutions might remain complex given the entrenched positions.[para. 22][para. 24][para. 25][para. 45].

The broader implications for U.S. international relations, particularly with allies and adversaries, remain to be seen. Trump’s rhetoric and proposed policies have introduced particular anxiety in Europe but also hint at a potential recalibration anticipated under the so-called "Trump 2.0" era, with tech players like Elon Musk gaining significant influence in U.S. policy circles[para. 53][para. 54][para. 55]. Notably, this includes possible dialogues with China, a relationship marked by historical tension but also recent communication between Trump and Chinese leaders, suggesting a complex interplay of diplomatic and economic considerations moving forward[para. 83][para. 85][para. 86].

AI generated, for reference only
Who’s Who
TikTok
TikTok
The article states that Trump, upon taking office, promised that TikTok could continue operating in the U.S. and work towards a resolution. This decision came after TikTok faced a potential ban unless sold to a U.S. company. The app resumed operations after only a 14-hour downtime, reflecting Trump's willingness to find a solution for TikTok, despite prior pressures to restrict its operations.
CK Hutchison Holdings
长江和记实业
CK Hutchison Holdings, headquartered in Hong Kong, has been operating the two ports at each end of the Panama Canal since 1997. However, the company does not have control over the canal itself. The Panama Canal is a crucial international waterway, connecting the Pacific and Atlantic Oceans, and plays a significant role in global shipping and trade.
SpaceX
SpaceX
SpaceX's development plans, influenced by Elon Musk, could determine if the U.S. space endeavors will focus on Mars or the Moon. Musk, having significant influence, is expected to play a substantial advisory role in Trump's administration, possibly even having an office in the White House, as indicated by the article.
Rockefeller Brothers Fund
洛克菲勒兄弟基金会
The Rockefeller Brothers Fund has a history of working on climate and environmental issues in China. Its president, Stephen Heintz, has visited China over 20 times and emphasizes the importance of U.S.-China collaboration on global issues. He advocates for "constructive competition" between the two countries and stresses the need for consistent dialogue and mutual understanding to find common ground for cooperation.
AI generated, for reference only
What Happened When
July 2024:
U.S. Supreme Court ruled that former presidents are entitled to immunity from criminal prosecution for official acts conducted while in office.
November 24, 2024:
Trump announced on social media a tariff plan as part of his upcoming executive orders for January 20, 2025.
January 17, 2025:
IMF raised its forecast for U.S. economic growth in 2025 to 2.7%.
January 20, 2025, 8:30 a.m. local time:
The Wall Street Journal reported Trump would not impose new tariffs on his first day in office.
January 20, 2025:
Donald Trump was sworn in as the 47th President of the United States.
January 20, 2025:
Donald Trump signed a batch of executive orders at the White House.
January 20, 2025, in the evening:
Trump announced considering a 25% tariff on Canada and Mexico starting February 1, 2025.
AI generated, for reference only
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