Trump promises to crack down on immigration and deregulate at a rally in Washington By Investing.com

Investing.com — President-elect Donald Trump made several promises, including an anti-immigration campaign and government deregulation when he spoke at a rally in Washington on Sunday evening, as he prepares to take office this week.

Trump repeated many of his campaign promises, most notably his tough rhetoric on illegal immigration, at a massive celebration ahead of his inauguration on Monday. It was also Trump’s first major speech in Washington since 2021.

“We will expel every illegal alien, gang member, and criminal immigrant operating on American soil,” Trump said in a speech at the “Make America Great Again Victory” rally at the conference. Capital One (NYSE:) Arena.

He pledged to withdraw all executive orders issued by President Joe Biden, and said he was preparing for a historic first day in office. Fox News Digital reported that Trump intends to sign more than 200 executive orders when he takes office on Monday.

Trump also pledged to ease regulations on the US energy industry, reiterating his plans to reduce government oversight. He also signaled plans to cut government spending in an effort led by Tesla (NASDAQ:) CEO Elon Musk and Vivek Ramaswamy, under the Government Efficiency Directorate.

Absent from Trump’s statements were his plans to impose trade tariffs, especially on China. The president-elect continued his harsh tone against China during his election efforts, and pledged to impose tariffs of up to 60% on all goods coming from China.

Trump’s tariff plans have been a source of major concern, amid concerns that they could support inflation and keep interest rates high in the long term. But Trump pledged on Sunday to reduce inflation and cut taxes.

Despite his tough stance against China, Trump pledged earlier on Sunday to postpone a ban on the popular social media app TikTok by issuing an executive order on the first day of his presidency.

TikTok has begun restoring some of its services in the US following Trump’s comments, with the president-elect calling for a joint venture with TikTok owner Bytedance to keep the app in the US.

Sunday’s march featured appearances and performances by many celebrities, including the famous actor Sylvester Stallone and musician Kid Rock. Tesla’s Musk also appeared at the rally.