It’s Day 5 of the Trump administration and the president is already exhausting all his campaign pledges – starting from executive action to undo America’s trade ties by pulling the United States out of the Trans-Pacific Partnership – limiting abortion funding overseas, freezing non-military related recruitments at the Federal level, placing a regulatory freeze on Obamacare, re-emphasizing border taxes for companies thinking of exporting American jobs, held discussions as regarding tax cut for the middle class and now, endorsing executive actions to apply for approval of the Keystone XL and Dakota Access oil pipelines.
Regulatory Freeze On Obamacare
Within hours of bidding ex-president Obama farewell from his home of eight years, Donald Trump began action on his earnest campaign pledges. He, on Friday night, signed an executive order freezing Obamacare.
Despite the urgent freeze, the greater part of Obamacare has already been set in regulation and a president can not rescind it that easily since it would take months, a year or even two to be altered.
Although the attempt may not change the law, it could have a significant impact.
The impact is basically on the part of Obamacare order which seems to focus on unpopular “individual mandate” demanding that people get insured or pay a tax penalty unless they can bring a conclusive evidence of a financial hardship.
Trump’s directive to the secretary of health and human services, as well as other agencies, is to treat regulations as loosely as allowed to minimize the financial burden on individuals, insurers, health care providers and others. It stressed that agencies can “waive, defer, grant exemptions from or delay implementation of any provision or requirement” of Obamacare that imposes a burden “to the maximum extent permitted by law.
The Trump administration will find a way of lessening the basis for qualifying for a hardship exemption so that a small number of people would have to pay the penalty, which would be in line with the executive order and the call to provide relief to Americans suffering from the Obamacare’s high costs.
Meanwhile, congressional Republicans are aiming at rendering the major sections of the law invalid– including the individual mandate, subsidies and penalties. However, they are yet at odds as to when and how to replace Obamacare. Additionally, keeping in mind that countless Americans are concerned about their coverage, legislators have repeatedly said that their plan will give people access to more affordable plans.
Pulling Out Of TPP
The withdrawal though does not have a direct effect on America yet since Congress had not yet approved the TPP, so the deal had not taken effect.
The future of TPP was not promising on Capitol Hill, but by pulling the United States out of the deal, Trump fulfilled a campaign promise.
Also, he puts all Obama major expectations as part of his achievement to rest.
The TPP — which includes Canada, Mexico, Japan, Australia, New Zealand, Chile, Peru, Malaysia, Singapore, Vietnam and Brunei — was to reduce tariffs on American imports and exports with the countries involved. In exchange, the United States had negotiated labor, environmental and intellectual property protections that major businesses sought. The deal’s critics claimed that it didn’t directly address the issue of currency manipulation.
On Sunday, President Trump revealed that he’d began renegotiations for the North American Free Trade Agreement. Currently, he is strongly in control of the trade rules he had always condemned it publicly. If the renegotiations go well, he will likely change decades of American presidents pushing for lower trade barriers and an interconnected global economy. Obama tried to renegotiate the trade pact, but his plan came as TPP.
Limiting Abortion Funding Overseas
Just within five days in office, Donald Trump reinstated the Mexico City Policy, which some people call a “global gag rule” on abortion. The federal ban prohibits U.S. from funding international health organisations that offer abortions—even if U.S. dollars aren’t paying for abortion-related services.
The ban was introduced by former president Ronald Reagan back in 1984, and it’s been nullified and reinstated many times since then. President Ronald Reagan in 1984 canceled the payment of any group receiving federal support for any purpose illegal and the ban was named global gag rule.
According to Reagan “The United States does not consider abortion an acceptable element of family planning programs and will no longer contribute to those of which it is a part,” read the rule.
“The United States will no longer contribute to separate nongovernmental organisations which perform or actively promote abortion as a method of family planning in other nations.”
In 1993, President Bill Clinton scrapped the global gag rule. But in 2001, President George W. Bush did not only return it to the way it was during Reagan’s time it but appointed Bill Steiger, head of the Office of Global Health Affairs in the Department of Health and Human Services, to enforce it.
Bush’s administration also banned the funding of any group that advocates the use of condom and other birth control strategies as well as the legalization and practice of prostitution and sex trafficking.
In 2009, Bush’s successor, President Barack Obama trashed the rule. But studies opined that the action deliberately hiked abortion rates in Africa significantly.
Now Trump has reconstituted “Global Gag Rule,” otherwise known as the Mexico City Policy, and now requires that any overseas organisation receiving aid from America will not have anything to do with abortion.
President Donald Trump held talks with the CEOs of some top US companies at the White House on Monday including Ford, Dell and DOW Chemical and to caution them on relocating to other countries. The president said the companies will face a “substantial border tax if they move their manufacturing operations overseas
Trump promised the group of Fortune 500 CEOs hailing from different companies that he planned to reduce corporate taxes “greatly” and lessen the regulations to grant companies incentives to remain in the US. He also cautioned them against having to face a steep border tax to sell their products in the US if they move manufacturing elsewhere other than the U.S.
“A company that wants to fire all of its people in the United States and build some factory someplace else and then thinks that that product is going to just flow across the border, that’s not going to happen,” Trump said.
President Donald Trump on Tuesday signed executive actions to advance approval of the Keystone XL and Dakota Access oil pipelines.
Dakota Access Pipeline
President Donald Trump has also signed executive actions to revive the Keystone XL and Dakota Access oil pipelines. The step is to wipe out ex-president Obama’s environmental footprint. While signing the papers, the president promised to “renegotiate some of the terms” of the Keystone bill, adding that he will “get one of the pipelines stalled by president Obama built”. The decision to advance the pipeline has received severe backlash with many accusing the sitting leader of putting his personal and business interest first at the expense of American interests.
Others have said the future of the endorsement has huge environmental consequences whic will mostly be suffered by the future generation. The move was expected as Trump claims the pipeline will create more jobs for Americans. But critics think the move is only a band-aid fix since it will only create only a temporary job.