The China Mail - Trump's next 100 days: Now comes the hard part

USD -
AED 3.672497
AFN 64.999709
ALL 81.925001
AMD 362.820272
ANG 1.790365
AOA 917.000186
ARS 1524.861701
AUD 1.444492
AWG 1.8
AZN 1.703007
BAM 1.733158
BBD 2.015756
BDT 123.052656
BGN 1.683441
BHD 0.37702
BIF 2995
BMD 1
BND 1.281424
BOB 12.054428
BRL 5.223901
BSD 1.000833
BTN 96.45446
BWP 14.158233
BYN 3.014683
BYR 19600
BZD 2.012832
CAD 1.42233
CDF 2310.000104
CHF 0.83069
CLF 0.024862
CLP 981.710243
CNY 6.7046
CNH 6.715665
COP 3320.28
CRC 457.240078
CUC 1
CUP 24.018396
CVE 97.712812
CZK 21.755502
DJF 177.71965
DKK 6.64769
DOP 59.64979
DZD 133.648678
EGP 52.318049
ERN 15
ETB 163.475001
EUR 0.88926
FJD 2.253795
FKP 0.753812
GBP 0.757875
GEL 2.595035
GGP 0.753812
GHS 11.715029
GIP 0.753812
GMD 73.491746
GNF 8755.000124
GTQ 7.645479
GYD 209.346324
HKD 7.84635
HNL 26.865513
HRK 6.699102
HTG 130.978015
HUF 327.939496
IDR 17958.8
ILS 3.086098
IMP 0.753812
INR 96.22505
IQD 1310
IRR 1746539.000348
ISK 121.839922
JEP 0.753812
JMD 157.630753
JOD 0.709009
JPY 157.8335
KES 129.641813
KGS 87.446993
KHR 4053.132006
KMF 434.999674
KPW 900.000318
KRW 1363.01501
KWD 0.30884
KYD 0.834057
KZT 443.471634
LAK 22442.975382
LBP 89622.18589
LKR 330.728128
LRD 171.587828
LSL 16.694995
LTL 2.95274
LVL 0.60489
LYD 6.411393
MAD 9.760381
MDL 17.819861
MGA 4419.297095
MKD 54.774475
MMK 2099.783199
MNT 3598.053803
MOP 8.089432
MRU 40.068766
MUR 47.819926
MVR 15.460582
MWK 1735.373872
MXN 18.32054
MYR 4.087902
MZN 63.900301
NAD 16.694969
NGN 1328.219955
NIO 36.828953
NOK 9.635797
NPR 154.325085
NZD 1.78729
OMR 0.384504
PAB 1.000833
PEN 3.453202
PGK 4.464491
PHP 62.80896
PKR 277.237331
PLN 3.89284
PYG 5831.841625
QAR 3.648069
RON 4.752499
RSD 104.515987
RUB 83.373869
RWF 1476.791379
SAR 3.756193
SBD 8.064852
SCR 13.772623
SDG 601.499925
SEK 10.046905
SGD 1.28053
SHP 0.754575
SLE 24.598405
SLL 20969.491881
SOS 571.929887
SRD 37.672496
STD 20697.981008
STN 21.711004
SVC 8.757067
SYP 13002.000254
SZL 16.695005
THB 33.671971
TJS 9.217388
TMT 3.51
TND 2.997019
TOP 2.40776
TRY 49.112398
TTD 6.789784
TWD 31.899898
TZS 2635.002977
UAH 44.939475
UGX 3973.556883
UYU 40.28499
UZS 11829.395814
VES 859.10005
VND 25982
VUV 119.747847
WST 2.7762
XAF 583.316537
XAG 0.016397
XAU 0.000239497152
XCD 2.70255
XCG 1.803617
XDR 0.707052
XOF 583.316537
XPF 105.684789
YER 236.374995
ZAR 16.714265
ZMK 9001.200605
ZMW 19.680804
ZWL 321.999592
SSP 5712.591897
MXV 2.073391
  • RYCEF

    0.4000

    19.71

    +2.03%

  • CMSC

    0.0000

    20.4

    0%

  • BTI

    0.4200

    56.05

    +0.75%

  • BP

    0.2800

    44.43

    +0.63%

  • RBGPF

    1.6000

    67

    +2.39%

  • RIO

    -0.1500

    94.41

    -0.16%

  • AZN

    -0.4300

    166.15

    -0.26%

  • GSK

    0.4600

    49.7

    +0.93%

  • BCE

    -0.4100

    20.56

    -1.99%

  • NGG

    -0.2500

    75.24

    -0.33%

  • VOD

    -0.0400

    16.58

    -0.24%

  • RELX

    -0.4500

    33.07

    -1.36%

  • BCC

    -0.5500

    76.59

    -0.72%

  • CMSD

    -0.0300

    20.27

    -0.15%

  • JRI

    -0.2500

    10.77

    -2.32%

Trump's next 100 days: Now comes the hard part
Trump's next 100 days: Now comes the hard part / Photo: © POOL/AFP/File

Trump's next 100 days: Now comes the hard part

President Donald Trump spent his first 100 days issuing a blitz of executive orders to deliver rapidly on campaign pledges, drastically downsize the government and reshape America's role on the global stage.

Text size:

But the job gets trickier now for the self-styled dealmaker-in-chief, who must corral fractious Republicans on Capitol Hill to anchor his domestic policies in legislation that can cement a lasting legacy.

"Trump's first 100 days were remarkable for their pace and impact. Now comes the hard part," Stephen Dover, chief market strategist and head of the Franklin Templeton Institute, said in a memo to investors.

"The next 100 days will shift the focus to the challenges of passing legislation while simultaneously addressing deficit reduction. Congress must act, which requires building legislative coalitions."

In a dizzying first three months, Trump wielded executive power like no other modern president, signing more than 140 orders on immigration, culture war issues and slashing the federal bureaucracy.

But the unilateral authority of the Oval Office has its limits and much of the reform Trump wants to enact -- particularly anything involving spending public money -- requires laws to be passed by Congress.

Trump's political capital will be put to the test as he aims to shepherd his sprawling agenda on tax, border security and energy production through the House and Senate.

Complicating Trump's task is his receding popularity, with the polls flashing warning signs amid economic uncertainty and misgivings over his handling of immigration and international trade.

- Brinkmanship -

Executive orders signed without the involvement of Congress can be undone by any president.

They are also vulnerable to legal and constitutional challenges, as Trump has discovered in dozens of rulings that blocked his policies early in his presidency.

A more lasting impact, say analysts, will require the kind of political brinkmanship and consensus-building that haven't been necessary so far.

The author of "The Art of the Deal" doesn't have a great record of getting contentious legislation through his divided party.

In his 2017-21 term, he passed the Abraham Accords, fostering peace between Israel and several of its neighbors, and celebrated a trade deal with Canada that has since been obliterated by his tariffs.

But he failed to repeal the Affordable Care Act, or Obamacare -- a key priority -- and, despite much fanfare over summits in Singapore and Hanoi, was unable to ink any kind of deal with North Korea's Kim Jong Un.

When it comes to uniting around a common cause, his lawmakers in Congress haven't fared much better, getting just five bills into law in Trump's first 100 days, the lowest number in generations.

Republicans set a deadline of July 4 to pass the president's agenda -- led by an extension of his 2017 tax cuts and fulfilling a campaign pledge to eliminate levies on tips, overtime and Social Security payments.

- 'A lot trickier' -

The slim Republican majorities in both chambers will require almost perfect unity.

But conservatives won't back the tax cuts -- which have an estimated price tag of around $5 trillion over 10 years -- without deep reductions in spending.

Moderates with tough reelection fights in next year's midterms say they won't support the likely evisceration of the Medicaid health insurance program for low-income families that this would entail.

Political consultant and former Senate aide Andrew Koneschusky, a key player in negotiations over the 2017 tax cuts, expects Trump's next 100 days to be "a lot trickier."

"When it comes to tax bills, the ultimate adult in the room is math. You can't break the laws of mathematics, no matter how much politicians might want to," he told AFP.

"It's going to be extremely tricky for the numbers to add up in a way that satisfies everyone in the Republican caucus."

Meanwhile Trump is up against the clock.

The battle for the House majority in 2026 will likely come down to a few swing districts and the president could easily see his ability to shepherd legislation through Congress curtailed.

Trump is relying on an arcane Senate procedure called "reconciliation" that means, given certain conditions are satisfied, he won't need Democratic support to pass his priorities -- which is just as well.

House Minority Leader Hakeem Jeffries has called Trump's agenda "unconscionable" and "un-American," vowing to do everything Democrats can to "bury it in the ground, never to rise again."

B.Carter--ThChM