A celebration party at Trump Tower in New York...Wall Street Watch for Change

2025.01.21. AM 09:05
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Supporters cheer at Trump Tower as celebration party
New Yorkers feel proud of the birth of a New York-born president,
"Emergency Pledge on Immigration and Energy"...half expectations and half concerns
Trump Wipe Out Biden Traces With His Inauguration
[Anchor]
Supporters cheered at Trump Tower in New York, which is home to President Trump, as a party was held to celebrate his inauguration.

Wall Street is closely monitoring how Trump's daily announcement of tariffs and energy policy changes will affect the economy.

I'm correspondent Lee Seung-yoon from New York.

[Reporter]
Trump Tower, which was born and raised in New York, became a stepping stone for President Trump to become a billionaire through the real estate business.

Supporters cheered here as they watched the inauguration.

The pride and joy of citizens who produced a president from New York with Theodore Roosevelt, the 26th president, are extraordinary.

[Alexa / American citizen] Trump would make a great president. I think the new law and everything is good. I think it's really great. I love Trump.]

However, there are concerns that Trump's immigration and energy pledges are radical, so they are literally "half expectations and half concerns."

[JOHANNES / U.S. CIVIL] Trump once caused some scandals in his first term. President Trump is a very controversial man.]

Trump began to erase traces of his predecessor, Biden, who has emphasized the transition to eco-friendly energy with his inauguration.

In particular, Biden has made it clear that he will reverse an executive order banning new oil, gas drilling along the U.S. coast.

[Donald Trump / President of the United States] We will continue to drill. My action today will end the Green New Deal, roll back electric vehicle mandates and save the oil industry.]

It also declared the establishment of a "foreign import office" to collect tariffs, import taxes, and all imports from foreign countries, saying it would impose tariffs on foreign countries.

With New York stock markets and bond markets closed for a public holiday on Martin Luther King Day, Wall Street is closely watching how Trump's first executive order will affect the economy in the future.

While the likes and dislikes of President Trump are certainly divided, Americans have prayed in unison for President Trump to revitalize the U.S. economy.

I'm YTN's Lee Seungyoon from New York.

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