The new administration’s priority of “reindustrializing the U.S.” is coming into focus as tariff announcements - even if softened or rescinded - indicated that this is a policy, not just a campaign plank.

January seemed to go on forever, as the country faced extreme weather and devasting wildfires. The new administration got underway with a lot of sound and fury, particularly around tariffs, which had been a highlight – or a wild card – of the campaign promises.

The inauguration of only the second U.S. president to win two non-consecutive terms (Grover Cleveland was the first) is historic by a host of measures.

The transition to a new administration is underway with announcements of cabinet position nominees. The pro-business lean of the incoming government is not a surprise, and the emphasis is likely to be on deregulation and tax cuts.