Trump arriving for his inauguration ceremony in the Rotunda of the US Capitol. Trump takes office for his second term as the 47th president of the United States. — AFP
NEW YORK: Investors welcomed Donald Trump's second inauguration on Monday, saying it heralded a pro-business agenda and that they were relieved that protectionist trade policies may be implemented more methodically than many had feared.
Trump enters office with an ambitious agenda spanning trade reform, immigration crackdowns, tax cuts and loosening cryptocurrency regulation. On Monday he pledged to bolster the U.S. oil, gas and power industries and repeated his intention to collect "massive amounts" of tariffs.
