President-elect Trump rang NYSE's opening bell after TIME's announcement, vowing economic growth through bold economic goals and hinting at other big changes.
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President-elect Donald Trump (©AP/Kyodo)

On December 12, President-elect Donald Trump commemorated being named TIME magazine's annual Person of the Year by ringing the opening bell at the New York Stock Exchange. Smiling alongside his wife, Melania, Trump appeared before a backdrop screen displaying the TIME cover featuring his portrait.

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Economic Ambitions

Before ringing the bell, Trump delivered a speech vowing to create "an economy the likes of which nobody has ever seen before." Mr Trump aims to achieve this through corporate tax cuts for companies manufacturing in the United States and increased domestic oil production.

In a statement, TIME's editor-in-chief explained the magazine's selection. He highlighted the President-elect's adept use of populism and distrust in government institutions to stage a political comeback. The editor also emphasized Trump's significant influence in reshaping the political landscape. This, he called, "Reshaping the American presidency, and altering America's role in the world." 

The cover of TIME magazine featuring President-elect Donald Trump as Person of the Year (image provided by TIME via Kyodo News).
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War With Iran?

In the interview with TIME, Trump stated that "Anything can happen" when asked about the likelihood of going to war with Iran during his second administration. During his first administration, US-Iran relations escalated to the brink of war. There is growing speculation that Trump will take a similarly hardline stance against Iran this time.

The first administration withdrew from the Iran nuclear deal, reinstated sanctions against Iran, and killed a prominent commander of the Islamic Revolutionary Guard Corps. Many believe the second administration could resume a maximum pressure policy against Iran.

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The Middle East and Cabinet Loyalty

Regarding the turmoil in the Middle East, Trump commented that it is "easier" to handle than the invasion of Ukraine and expressed confidence in resolving the situation. He also showed optimism about achieving a ceasefire in the Gaza Strip. "Some very productive things [are] happening," he stated. However, he did not provide further details.

On the personnel for his second administration, Trump made it clear that he would dismiss cabinet members or senior officials if disagreements arose. "If they're not following my policies, absolutely," he declared, emphasizing his demand for loyalty.

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(Read the article in Japanese.)

Author: JAPAN Forward 

This report is based on coverage by The Sankei Shimbun and Kyodo News

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