A Plan for Establishing a United States Sovereign Wealth Fund (Trump EO Tracker)

Summary

On February 1, President Trump signed executive orders imposing additional tariffs on Canada, Mexico, and China under the International Emergency Economic Powers Act (IEEPA) in response to an emergency declared at the border related to fentanyl, drug trafficking, and illegal immigration concerns. As to Canada, the order provides the following:

At 10:30am on Feb. 3, Mexican President Claudia Sheinbaum announced on X that the Mexico tariffs will be paused for one month.  She stated that the United States and Mexico had come to an agreement relating to Mexico’s reinforcement of the northern border and the United States’ actions to prevent trafficking of high-powered weapons to Mexico.  No official document regarding the pause is available yet from either country.

On February 1, President Trump signed executive orders imposing additional tariffs on Canada, Mexico, and China under the International Emergency Economic Powers Act (IEEPA) in response to an emergency declared at the border related to fentanyl, drug trafficking, and illegal immigration concerns. As to China, the order provides the following:

Summary

Order an immediate return to merit-based recruitment, hiring, and promotion, elevating safety and ability as the paramount standard.  Also ordering the Secretary of Transportation and the Administrator of the Federal Aviation Administration to review all hiring decisions and changes to safety protocols made during the prior 4 years, and to take such corrective action as necessary to achieve uncompromised aviation safety, including the replacement of any individuals who do not meet qualification standards.

Combat anti-Semitism vigorously, using all available and appropriate legal tools, to prosecute, remove, or otherwise hold to account the perpetrators of unlawful anti-Semitic harassment and violence. 

Provide a grand celebration worthy of the momentous occasion of the 250th anniversary of American Independence on July 4, 2026. Establish the White House Task Force on Celebrating America’s 250th Birthday (Task Force 250).