thered99.com

Business

Trump presses reset button, strikes gentler tone in Congress address

Share
US stocks sharply higher on Trump speech

In his first address to Congress, President Donald J. Trump echoed numerous themes from his campaign: fighting terrorism, combatting crime, creating American jobs, repealing the Affordable Care Act.

The president's political honeymoon has been soured by acrimonious spats with the media and the intelligence community, a high-profile court defeat to his controversial travel ban, and the firing of a top aide. It likely goes without saying, but the Trump administration has frequently shared misleading and false information, so do extra research on the information coming from those accounts, as well as what Trump says during his speech before taking them at face value.

In a surprise move, the President could also voice his support for immigration legislation, a senior administration official said ahead of the speech. Trump's presidency still feels like a nightmare, or an occupation.

Caterpillar, U.S. Steel and other infrastructure stocks were big winners after the presidential election, but have been up and down in recent weeks, looking for clarity about what Trump will do, and when. "Massive tax relief for the middle class is also on the cards", he noted.

"There's no better occasion than the president's annual address to Congress to bring attention to the victims of the Affordable Care Act and the urgency of repealing Obamacare", Collins said in a statement.

In Sanctuary Hall after the speech, Republicans applauded Trump's statements, but Democrats saw little common ground.

Compared to President Barack Obama's first address in 2009, Trump's early ratings are down by 17 percent. Keith Ellison, D-Minn., prepare for an interview in Statuary Hall before Trump addressed a joint session of Congress in the Capitol on Tuesday. "The time has come for a new program of national rebuilding that will be guided by two core principles: Buy American, and Hire American", Trump stated.

"We're used to seeing a much more combative Donald Trump".

Among US First Lady Melania Trump's guests on Tuesday night are set to be three California residents whose relatives were killed by people in the US illegally.

Trump, early on Wednesday (IST), said that his team was developing tax reforms that would reduce the rate on United States companies, so they could compete and thrive "anywhere and with anyone". The calls for bipartisanship with which Trump ended his speech weren't a gesture of outreach but a demand for submission.

"People have been predicting for a long time that he will change his tone, but it hasn't happened and I see no reason to think it will now", Vatz said. We will defend our flag.

Share