Donald Trump says he will not delay
"making America great again" - and the new US president has already
begun unpicking some of his predecessor's policies, including Barack
Obama's signature healthcare system.
So some quickfire changes to economic policy could well be in the pipeline.On the campaign trail, the rhetoric was passionate. So, now that Mr Trump is in the Oval Office, what are we likely to see?
Deregulation
Barely had the inauguration ended than White House Chief of Staff Reince Priebus called a halt to the introduction of any new regulations. That sounds like a bold move to cut red tape and, during the election, Mr Trump did promise to cut back the regulatory burden on business.But a stay on new laws is actually quite common for an incoming president.
The most controversial part of President Trump's move was to freeze regulations concerning President Obama's Affordable Care Act, nicknamed Obamacare. It's still not clear what this will mean for individuals who have taken out insurance or the private insurers covering them. But the new president has vowed to "repeal and replace" the scheme.
As for the other legislation that's been put on hold, it will now be "reviewed". But there's likely to be more to it than that. Trump cabinet member Wilbur Ross suggested last year that cutting regulation would save business $200bn (£161bn) annually. He singled out restrictions on health and safety and the coal industry as ripe for repeal.
Trade
If President Trump has made one thing clear it's that he believes current international trade arrangements "put the interests of insiders and the Washington elite over the hard-working men and women of this country" as the White House website now states.Read more...
