The following outlines key promises made by President-elect Donald Trump during his 2024 campaign, focusing on actions he pledged to take on his first day in office. With his inauguration approaching, it is time to review whether these promises will be fulfilled.

According to market reports, some stocks are expected to be significantly impacted by these potential changes, and investors may want to keep an eye on companies within certain sectors, including semiconductor & technology, energy, and the automotive industry, which could see fluctuations based on Trump’s proposed policies.

1. Mass Deportation of Immigrants

As a continuation of his campaign focus on immigration, Trump has repeatedly vowed to initiate a large-scale deportation effort targeting illegal immigrants. During a campaign rally on October 27, 2024, just days before the election, he promised to launch "the largest deportation plan in U.S. history" on his first day in office, with a focus on removing criminal immigrants. Despite challenges, he intends to declare a national emergency and deploy military forces to carry out the operation. His stance has fueled growth in private prison stocks, with companies like GEO Group Inc(GEO.US) seeing a 140% increase since his election victory.

2. Imposing Tariffs

After his election, Trump promised to impose a 25% tariff on goods imported from Mexico and Canada, two of the U.S.'s largest trading partners. Critics, including the U.S. Chamber of Commerce, warn that such widespread tariffs could harm U.S. economic growth and lead to inflationary pressures.

While the specific tariffs target North American trade, the overall trade protection stance and sector-related policies could benefit domestic manufacturers and technology companies. Several U.S.-based companies are positioned to potentially benefit from this broader protectionist environment: 

• In the semiconductor and technology sector, companies like Intel Corporation(INTC.US), Texas Instruments Incorporated(TXN.US), Applied Materials, Inc.(AMAT.US), and KLA-Tencor Corporation(KLAC.US) could see advantages from policies favoring domestic production and technology development. 
• In the automotive sector, General Motors Company(GM.US) might benefit from reduced foreign competition and policies promoting domestic manufacturing.

3. Repealing Electric Vehicle Mandates

Trump has vowed to roll back federal requirements set by the Biden administration, which mandates that by 2030, 50% of new cars and trucks sold in the U.S. must be net-zero emissions vehicles. Trump has stated he will eliminate these regulations on his first day in office.

Tesla Motors, Inc.(TSLA.US) faces potential headwinds from this policy change, though CEO Elon Musk's public support for Trump might provide some strategic advantages.

4. Expanding Oil Drilling

Trump has repeatedly emphasized the need to boost U.S. oil production, which he believes will lower energy costs. He has proposed creating a National Energy Commission to oversee energy production and has nominated oil magnate Chris Wright as Secretary of Energy to carry out his agenda.

Traditional Energy Companies positioned to benefit:

• Cheniere Energy, Inc.(LNG.US) 
• Exxon Mobil Corporation(XOM.US) 
• ConocoPhillips(COP.US)  
• Chevron Corporation(CVX.US)
• Occidental Petroleum Corporation(OXY.US) 
• Peabody Energy Corp.(BTU.US) 

These companies also potentially benefit from the EV mandate reversal mentioned above.

5. Strengthening the U.S. Auto Industry

Trump has also pledged to support the American automobile industry, emphasizing that U.S. manufacturing and energy sources will power the future of the automotive sector. His administration, he promised, will prioritize domestic suppliers and workers, beginning on day one.

This policy overlaps with the tariff and energy initiatives, potentially amplifying benefits for domestic manufacturers, like General Motors Company(GM.US).

6. Ending Birthright Citizenship

Trump has called for the termination of birthright citizenship, which grants automatic U.S. citizenship to anyone born on American soil. While this would require a complex legal process and likely provoke a series of legal battles, Trump pledged to abolish this policy immediately upon assuming office.

7. Reversing Biden’s Border Policies

Trump has also promised to reverse all "open border" policies instituted by the Biden administration. This includes reinstating the use of Title 42, a public health law that allows the expulsion of migrants at the border, which the Biden administration had halted in 2023.

8. Pardons for January 6th Defendants

Trump has expressed his intention to quickly pardon individuals convicted for their involvement in the January 6th Capitol riot. During a recent press conference, he confirmed that he was "considering" granting pardons to over 1,500 individuals who faced charges related to the event, noting that some had already served their sentences.

9. Ending the Ukraine Conflict

Trump has made one of his boldest claims: the promise to end the ongoing Russia-Ukraine conflict within 24 hours of taking office. He has stated that he would meet with Russian President Vladimir Putin to discuss a resolution to the war. However, advisers acknowledge that resolving the conflict may take months, if not longer.

10. Banning Transgender Women from Women’s Sports

Trump has consistently promised to ban transgender women from competing in women’s sports. In October 2023, he reiterated his stance, vowing to ensure that "men" are excluded from female sports leagues immediately upon taking office.

U.S. President-elect Donald Trump will take the oath of office on Monday, starting any time between 11:30 AM-12:00 PM Eastern Time (7:30 PM-8:00 PM Riyadh Time), marking the start of his second term as the 47th President of the United States.

As the inauguration nears, the market watches closely to see how President-elect Trump's ambitious agenda will unfold.