President Trump’s Major Announcement at Oath Ceremony Live Updates: President-elect Donald Trump took the oath of office as the 47th president of the United States during his second inauguration, pledging to uphold the Constitution.
Sworn in by Supreme Court Chief Justice John Roberts, Trump was joined by lawmakers, distinguished guests, and family members at the Capitol Rotunda. Due to inclement weather, the ceremony was moved indoors.
The US Markets were shut on account of for Martin Luther King Jr. Day. However, the stock Futures indicate a higher opening on Tuesday. The Dollar meanwhile saw a sharp fall.
Before the event, Trump and former first lady Melania Trump met with outgoing President Joe Biden and First Lady Jill Biden at the White House in a traditional gathering for Inauguration Day. Additionally, Vice President-elect JD Vance and his wife, Usha Vance, met with Vice President Kamala Harris and second gentleman Doug Emhoff.
Trump Inauguration Ceremony: Who will attend? Check Guest List here
Inauguration Day saw a host of prominent figures in attendance. Among the notable guests were tech giants such as billionaire Elon Musk, Amazon founder Jeff Bezos, and Meta CEO Mark Zuckerberg. Xavier Niel, a French billionaire and tech entrepreneur joined them who was accompanied by his wife. The event will also witnessed a distinguished gathering of global leaders, including India’s External Affairs Minister S Jaishankar, Chinese Vice President, and the foreign ministers of Japan and Australia. Notably, all living former US Presidents — Bill Clinton, George W Bush, and Barack Obama, also attended the swearing-in ceremony.
Stay tuned as we bring you live coverage of this momentous day in American politics:
Trump Inauguration Live Updates, Donald Trump Swearing-in Live Updates: Trump's Oath Taking Ceremony from US Capitol in Washington D.C.
Trump inauguration LIVE Updates: India, US discuss deportation of 18,000 illegal migrants amid policy shifts
U.S. Secretary of State Marco Rubio discussed concerns over “irregular migration” with his Indian counterpart, Subrahmanyam Jaishankar, on Tuesday, according to the State Department. The talks come as President Donald Trump enforces stricter immigration policies, aiming to deport millions of undocumented immigrants. India has expressed readiness to cooperate, with reports indicating that 18,000 Indian nationals could face deportation. While addressing migration concerns, both sides also emphasized strengthening economic ties. India remains a key partner in the H-1B visa program, with 78% of U.S. visas issued in 2023 going to Indian professionals, a program Trump supports despite some opposition.
Trump inauguration LIVE Updates: US Capitol rioters begin to leave prison following pardons by President
People involved in the January 6, 2021, Capitol attack began walking free on Tuesday after the newly inaugurated president Donald Trump issued a sweeping series of pardons.
The Republican president's decision to pardon 1,500 individuals, including those convicted in connection with the Capitol riot, has ignited a wave of outrage. Lawmakers who were in harm’s way during the violent events of January 6, as well as some of the 140 police officers injured while defending the Capitol, have expressed their deep frustration.
The attack, carried out by thousands of Trump supporters attempting to block Congress from certifying Democrat Joe Biden's 2020 election victory, remains one of the darkest chapters in recent U.S. history. Critics of the pardons argue that they undermine accountability for an assault on the democratic process and disrespect the sacrifices of law enforcement officers who faced the mob that day.
Despite the backlash, Trump’s move has been celebrated by his supporters, many of whom view the Capitol rioters as political prisoners.
Trump inauguration LIVE Updates: Marco Rubio sworn in as Secretary of State
Vice President JD Vance on Tuesday administered the oath of office to Marco Rubio, officially making him Secretary of State—the first of President Donald Trump's Cabinet nominees to assume their role.
In his inaugural remarks, Rubio emphasized the administration’s commitment to prioritizing the nation’s well-being above all else. “President Trump’s top priority is advancing the United States’ interests,” Rubio stated. “Everything the government and the State Department undertake must contribute to making our country stronger, safer, or more prosperous. If it doesn’t achieve one of those three objectives, we simply won’t do it.”
Vice President Vance, who previously served as a senator alongside Rubio, praised his former colleague as a “bipartisan solutions seeker.” Vance expressed confidence in Rubio’s ability to navigate complex international challenges while keeping the nation’s goals at the forefront.
Trump inauguration LIVE Updates: Indian students set to surge in US universities despite Trump's return
Despite a tough stance adopted by the previous Trump administration against international students, study abroad players in India are expecting a robust growth in the number of Indian students going to the US for higher studies.
“We are expecting the overall students enrolments in the US universities to hold steady at 1.1 million per year. Within that, the enrolments of Indian students will stay strong,” said Saif Iqbal, vice president at ApplyBoard.
“The enrolments of Indian students will remain upwards of 20% annually. The 1,500-odd universities in the US are welcoming of students. The US understands that it needs foreign talent for R&D, innovation and to support its needs for skilled manpower,” said the spokesperson of a leading study abroad firm.
Read More: Indian student enrolments in US to grow at above 20% despite Trump comeback: Experts
Trump inauguration LIVE Updates: Trump fires first woman leader of Coast Guard, Fox News reports
U.S. Coast Guard Commandant Admiral Linda Lee Fagan, the first female uniformed leader of a branch of the U.S. Armed Forces, has been dismissed by the Trump administration. Fox News reported Tuesday that Acting Homeland Security Secretary Benjamine Huffman terminated Fagan’s tenure.
No official word has come from the White House on the decision.
Admiral Fagan, who was nominated by former President Joe Biden in 2021, made history as the first woman to lead any branch of the U.S. Armed Forces. Her appointment was widely celebrated as a milestone for gender equity in military leadership.
According to Fox News, an anonymous senior Homeland Security official cited multiple reasons for the firing, including concerns about Fagan’s handling of border security, recruitment challenges and what was described as an “erosion of trust”. The official pointed to perceived failures in addressing border security threats, mismanagement of acquisitions, difficulties in recruiting and retaining staff and an overemphasis on diversity, equity and inclusion initiatives.
Trump inauguration LIVE Updates: Ukraine working to set up meeting with Trump: Zelenskiy
Ukraine is actively coordinating efforts to arrange a meeting between President Volodymyr Zelenskiy and U.S. President Donald Trump, though a specific date has not yet been set, Zelenskiy said on Tuesday.
Speaking during an interview panel at the World Economic Forum in Davos, Switzerland, Zelenskiy said, “The teams are working on organising a meeting. Discussions are currently underway.”
The proposed meeting is expected to focus on strengthening bilateral ties and addressing key global and regional challenges.
Trump inauguration LIVE Updates: Musk's hand gesture during Trump inauguration festivities draws scrutiny
Billionaire Elon Musk's hand gesture while he spoke during a celebration of President Donald Trump's inauguration drew online comparisons to a Nazi salute on Monday, but a leading tracker of antisemitism said it appeared to represent a moment of enthusiasm instead.
Musk dismissed criticism of the hand gesture as a "tired" attack.
Musk took to the Capital One Arena stage in Washington to huge cheers, pumping his arms and shouting, "Yesssss".
"This was no ordinary victory. This was a fork in the road of human civilization," he said. "This one really mattered. Thank you for making it happen! Thank you."
Biting his bottom lip, he thumped his right hand over his heart, fingers spread wide, then extended his right arm out, emphatically, at an upward angle, palm down and fingers together. Then he turned and made the same hand gesture to the crowd behind him.
"My heart goes out to you. It is thanks to you that the future of civilization is assured," he said as he finished the gesture.
The gestures were quickly scrutinized online.
"Did Elon Musk Sieg Heil at Trump's inauguration?" asked the Jerusalem Post. (Reuters)
Trump inauguration LIVE Updates: Bitcoin rally cools as Trump makes no new mention of crypto
Bitcoin and other cryptocurrencies, including a newly launched token bearing Donald Trump's name, experienced a pullback on Tuesday after the newly inaugurated U.S. President's initial policies made no mention of the digital asset class.
Bitcoin, the world’s largest cryptocurrency, soared to an all-time high of $109,071 on Monday, coinciding with Trump’s swearing-in as the 47th US president. However, by 10:01 GMT on Tuesday, it had slipped to $102,546.13—still up an impressive 9.5% for the month.
Meanwhile, $TRUMP, launched just before the inauguration, also faced a significant price correction. Initially priced at $6.50 during its Friday night debut, the token skyrocketed to around $75 on Monday, briefly surpassing a $14 billion market capitalization. By Tuesday, however, it had plunged nearly 50%, trading at $37.98, according to CoinMarketCap.
Market analysts suggest that the excitement surrounding Trump’s inauguration likely fueled the initial rally in these cryptocurrencies. The subsequent dip indicates a cooling-off period as investors seek clarity on how the new administration might approach digital assets.
Trump’s policies on cryptocurrency remain uncertain, leaving traders and enthusiasts speculating on potential regulatory changes under his leadership.
Trump inauguration LIVE Updates: 'May order US special forces into Mexico to take out cartels'
US President Donald Trump on Tuesday while signing executive orders at his Oval Office said that he may think about ordering US special forces into Mexico to take out cartels. "Could happen, stranger things have happened," Trump said.
Trump took executive action on the names of US landmarks - including renaming Denali and the Gulf of Mexico - a move that his White House said will "honour American greatness", CNN reported.
Trump's executive action to immediately end the use of an app that facilitated the legal entry of migrants to the United States left many waiting at the Mexico-US border in disillusion and feeling defeated.
Trump inauguration LIVE Updates: Trump threatens 100% tariffs against BRICS countries if...
President Donald Trump has reiterated his warning to impose 100% tariffs on countries within the BRICS bloc, including India, if they take steps to reduce reliance on the US dollar in global trade.
Speaking shortly after taking the oath as the 47th President of the United States, Trump stated, “If the BRICS nations want to pursue this, that’s their choice, but we’ll respond with at least a 100% tariff on the business they conduct with the United States.” He added, “They’ll face a 100% tariff if they so much as even think about limiting the dollar’s role in global trade.”
BRICS, originally comprising Brazil, Russia, India, China, and South Africa, has recently expanded to include Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates. The bloc has been discussing alternatives to the US dollar to enhance economic cooperation and reduce dependency on Western-dominated financial systems.
Trump previously issued a similar warning to BRICS nations in December, cautioning against any moves to undermine the dollar’s dominance.
Trump inauguration LIVE Updates: Experts warn of climate setback as Trump pulls US out of Paris pact
The US decision to withdraw from the Paris Agreement will weaken global efforts to mitigate climate change, and the worst consequences will be felt in developing countries that have contributed the least to global emissions, experts said on Tuesday.
US President Donald Trump, on his first day in office of his second term, signed an executive order withdrawing the United States, the world's largest historical emitter of greenhouse gases, from the Paris Agreement for the second time in a decade.
This places the US alongside Iran, Libya, and Yemen as the only countries not part of the 2015 global climate accord, which aims to limit global warming since the industrial revolution to 1.5 degrees Celsius. (PTI)
Trump inauguration LIVE Updates: 'Would have chosen Usha over JD Vance as VP'
US President Donald Trump has said that he would have chosen Usha Chilukuri Vance, JD Vance's wife, as his Vice President as "she is smarter but the line of succession did not work that way".
Usha, 39, on Monday, became the first Indian-American and Hindu Second Lady after her husband JD was sworn in as the 50th Vice President of the US. (PTI)
Trump inauguration LIVE Updates: Trump's first day actions loom large as Davos begins
As the World Economic Forum’s annual gabfest gets into full swing Tuesday, President Donald Trump gave everybody something to talk about with his actions on his first day back in office.
Energy industry executives will mull Trump's vow to “drill, baby, drill.” Foreign leaders will decipher what he means with his wish to expand U.S. territory.
Environmentalists will decry his planned exit from the Paris climate deal. Trade advocates can digest his newly christened “External Revenue Service” to collect tariffs and duties. From the earliest speeches, panel discussions and back-channel meetings in the Swiss Alpine town of Davos, Trump’s executive orders and evocative oratory will loom large. (AP)
Trump inauguration LIVE Updates: Trump shifts approach on China, delays tariffs and TikTok ban in first White House day
On his first day back in the White House, President Donald Trump surprised markets by holding off on imposing tariffs on China and refraining from singling out the country as a threat. This opened the possibility of renewed negotiations with Beijing, as both nations look to advance mutual interests. Trump also delayed a ban on TikTok and suggested the U.S. could co-own the app's U.S. business. Analysts note that both China and the U.S. need a new roadmap for their relationship, with Trump signaling a shift towards pragmatic negotiations rather than escalating tensions. However, challenges remain within his administration, particularly from China hawks like Marco Rubio.
Trump inauguration LIVE Updates: China opposes US exit from WHO, calls for stronger global health role
China’s foreign ministry stated on Tuesday that the World Health Organization (WHO) should be strengthened rather than weakened, following U.S. President Donald Trump’s decision to withdraw from the agency. Ministry spokesperson Guo Jiakun reaffirmed China’s commitment to supporting the WHO in carrying out its responsibilities during a regular press briefing.
Indiaspora, a non-partisan organization dedicated to political engagement since 2012, celebrates the increasing influence of Indian-Americans in U.S. politics. President Donald Trump’s second-term administration includes key Indian-American appointments in civil rights, national security, and technology. Indiaspora congratulates Harmeet Kaur Dhillon, Vivek Ramaswamy, Kash Patel, Dr. Jay Bhattacharya, and Sriram Krishnan on their new roles.
MR Rangaswami, Founder and Chairman of Indiaspora, extended his congratulations to President Trump and expressed optimism for continued strong U.S.-India relations. He highlighted the solid bipartisan support and deep-rooted ties established during Trump’s first term, expecting further growth in the bilateral relationship. Indiaspora remains committed to fostering political engagement and advancing the interests of the Indian-American community.
Trump inauguration LIVE Updates: Trump’s tariff threats shake markets, Peso and Canadian Dollar tumble
Global financial markets reacted with caution on Tuesday as investors assessed President Donald Trump's plans for trade and tariffs. With U.S. markets closed on Monday, Asian and European trading saw immediate responses, with futures pointing lower. Initial optimism faded after Trump hinted at 25% tariffs on Mexico and Canada by February 1, causing the Mexican peso and Canadian dollar to tumble.
Stock markets fluctuated as investors processed Trump’s stance on trade, including plans to reverse the U.S. trade deficit with the EU through tariffs or energy exports. European automakers faced uncertainty after Trump revoked a 2021 electric vehicle mandate.
The U.S. dollar rebounded after initial losses, while bond yields fell as investors sought safer assets.
Asian markets showed mixed results, with China’s response cautious amid uncertainty over potential tariffs. Meanwhile, oil prices remained steady, and cryptocurrencies saw profit-taking after a recent rally fueled by expectations of deregulation.
Trump inauguration LIVE Updates: Trump's new policies stir controversy at World Economic Forum in Davos
As the World Economic Forum (WEF) kicks off in Davos, President Donald Trump’s first day back in office grabs attention with bold moves. Energy industry executives grapple with Trump’s “drill, baby, drill” promise, while foreign leaders weigh his intention to expand U.S. territory. Environmentalists criticize his plan to exit the Paris climate deal, and trade advocates ponder the new “External Revenue Service” for tariffs. Panels and speeches throughout the day, including remarks by European leaders like Ursula von der Leyen and Olaf Scholz, will dissect Trump’s policies. Additionally, Ukrainian President Zelenskyy’s address and corporate discussions on the U.S. economy are on tap.
Trump inauguration LIVE Updates: US Treasury yields drop to two-week lows as Trump hints at tariffs
U.S. Treasury yields fell to two-week lows on Tuesday after President Donald Trump's inauguration speech, where he refrained from immediately imposing tariffs but hinted at their potential. His remarks about considering 25% tariffs on imports from Canada and Mexico, along with efforts to reverse the trade deficit with the EU, unnerved markets. The uncertainty triggered a temporary rally in non-dollar currencies and stock futures. However, analysts cautioned that even a gradual approach to tariffs could stoke inflation concerns, keeping U.S. rates high for longer. Treasury yields dropped, as investors awaited further details and assessed inflation risks tied to Trump's trade policies.
Trump inauguration LIVE Updates: Trump fires over 1,000 Biden officials, targets top names
President Donald Trump announced on Tuesday that his administration is in the process of removing over a thousand appointees from former President Joe Biden’s tenure. Trump revealed four removals on social media, including celebrity chef José Andrés and former top general Mark Milley. Milley, who received a pre-emptive pardon from Biden on Monday, was dismissed from the National Infrastructure Advisory Council. Andrés was removed from the President's Council on Sports, Fitness and Nutrition. Trump’s actions signal a sweeping effort to replace Biden-era officials with his own appointees as he reshapes the administration’s key advisory roles.
Trump inauguration LIVE Updates: Indian stock markets in red as Trump's tariff threats cloud investor confidence
India's benchmark indices declined on Tuesday as investor sentiment turned cautious following U.S. President Donald Trump's announcement of potential tariffs on neighboring countries. The Nifty 50 fell 0.66% to 23,192.9 points, while the BSE Sensex dropped 0.85% to 76,415.35. Small- and mid-cap stocks also declined by 1.7%. Analysts noted that uncertainty over Trump’s trade policies, including potential tariffs on India, has created market volatility. Financials fell 1%, dragging the indices lower, while Zomato shares slumped 11% after weak earnings. In contrast, Sunteck Realty and Venus Remedies gained on positive earnings and regulatory approvals.
Trump inauguration LIVE Updates: Asian currencies rise, Mexican Peso drops amid Trump’s tariff uncertainty
Emerging market currencies in Asia moved slightly higher on Tuesday, with the Mexican peso dropping after U.S. President Donald Trump refrained from imposing tariffs on his first day but hinted at potential actions in the near future. While Trump’s mention of tariffs during his inauguration speech led to market optimism about a possible delay, he later indicated that he might impose 25% tariffs on Mexico and Canada by February 1, sending the Mexican peso down more than 1%.
Meanwhile, Asian currencies gained as clarity on China tariffs remained uncertain, offering a glimmer of hope for negotiations. The dollar index rose by 0.6% to 108.65, recovering from a sharp drop the previous day. Currencies such as the Malaysian ringgit and the Indonesian rupiah rose, while the Philippine peso slipped. Stock markets in several Asian countries also saw gains, with equities in Jakarta and Kuala Lumpur advancing. Investors are now awaiting key interest rate decisions later this week.
Trump inauguration LIVE Updates: China, Hong Kong shares edge higher as Trump delays tariff hikes, boosting market sentiment
China and Hong Kong shares edged higher in choppy trade on Tuesday after U.S. President Donald Trump refrained from imposing promised tariff hikes, providing temporary relief. By midday, the Shanghai Composite rose 0.2% to 3,249.85 points, and China's CSI300 gained 0.4%. Hong Kong's Hang Seng Index surged 1.1% to a five-week high. Trump postponed tariffs and opted to study trade relations, focusing on revamping U.S. government ties with neighbors. In the property sector, China Vanke and Country Garden saw gains, driven by improved sentiment and signs of a rebound, though experts caution that rescuing the real estate sector remains a long-term challenge.
Trump inauguration LIVE Updates: Indian Govt bond yields dip as US peers fall following Trump's gradual policy shift
Indian government bond yields fell on Tuesday, following a drop in U.S. counterparts, after President Donald Trump refrained from imposing major tariffs on his first day in office, signaling a gradual policy approach. The 10-year bond yield was at 6.7359%, down from Monday’s 6.7610%. Earlier, it had dropped to 6.7281%, its lowest since December 16. A trader noted a relief rally in bond prices, though the market remains cautious ahead of any major announcements from the new U.S. administration. Trump’s proposed tariff policies and potential inflationary effects will influence market volatility, with rate cuts from the Federal Reserve also under scrutiny.
Trump inauguration LIVE Updates: Donald Trump Signs Executive Order to Protect Free Speech Amid Criticism of Past Actions
US President Donald Trump signed an executive order aimed at restoring free speech and ending censorship, drawing criticism from those who point to his past legal actions against journalists and political opponents. Trump’s order addresses allegations of speech suppression during the Biden administration, particularly regarding false claims about vaccines and elections. While the Supreme Court ruled in June that Biden's administration did not infringe upon free speech, critics argue Trump's past actions, including suing media companies and calling journalists the "enemy of the people," contradict his stated goal of protecting free speech. Some experts dismiss the order as a "cynical" PR move.
As Donald Trump takes swears in, the Indian equity indices opened Tuesday’s trading session gap-up. The NSE Nifty 50 opened 64 points or 0.27% higher at 23,253.15, while the BSE Sensex rose 76.44 points or 0.10% to open at 77,149.88.The GIFT Nifty indicated a higher opening for the stocks. The GIFT Nifty was up 96 points or 0.41% at 23,450. During the pre-open session, the Nifty 50 was up 77 points or 0.33% at 23,421.65 while the Sensex was up 188 points or 0.24% at 77,261.72.
Trump inauguration LIVE Updates: Canadian ministers respond to Trump’s tariff threat, ready to retaliate
Top Canadian ministers responded Monday to President Donald Trump's threat of a 25% tariff on Canada and Mexico starting February 1. Trump mentioned the tariff plans in the Oval Office, with a timeline still unclear, as he signed an executive order requesting a report by April 1. Canadian Foreign Minister Mélanie Joly emphasized efforts to prevent tariffs but acknowledged retaliation plans. Finance Minister Dominic LeBlanc warned that Canada is prepared to respond to any developments. Canada, highly dependent on trade with the U.S., exports a significant portion of its goods to America, including oil, making tariffs a potential cost burden for both nations.
Trump inauguration LIVE Updates: Indian stocks muted as tariff concerns rise following Trump’s trade plans
India's benchmark indexes had a muted start on Tuesday, with caution prevailing after U.S. President Donald Trump's tariff announcement on neighboring countries. As of 9:18 a.m. IST, the Nifty 50 rose 0.19% to 23,391.5 points, and the BSE Sensex gained 0.07% to 77,134.34. However, seven of the 13 major sectors were marginally lower, and smallcap and midcap stocks traded flat. Trump's plan to impose 25% tariffs on Mexico and Canada starting February 1 dampened investor optimism, as the move dashed hopes for a delay in tariff actions, adding to global market uncertainty.
Trump inauguration LIVE Updates: Trump's meme coin soars on Inauguration Day, boosts crypto market
U.S. President Donald Trump's new cryptocurrency token, $TRUMP, surged to over $10 billion in market value on Monday, briefly lifting bitcoin to a new record. Launched on Friday, $TRUMP climbed from under $10 to $74.59 before settling around $33.88. Critics raised ethical concerns over the token's association with Trump’s administration. Trump-linked crypto project World Liberty Financial also raised $300 million from an initial token sale. While excitement over crypto-friendly policies under Trump fueled market gains, analysts cautioned that the token's speculative nature could lead to volatility. The rise of meme-based cryptocurrencies has sparked debates over governance and regulation.