Donald Trump will be sworn in for his second term, becoming the first U.S. President to serve non-consecutive terms since Grover Cleveland.
From economic milestones to historic peace deals, here are 10 notable accomplishments from Trump’s first term to know ahead of his second term.
Under Trump's administration, the Dow Jones Industrial Average reached an all-time high of over 29,000 points in February 2020, reflecting strong economic growth.
Historic Job Creation: Between 2017 and 2020, 7 million new jobs were added, far exceeding economic forecasts—a record for any president's first term.
Unemployment at a 50-Year Low: In February 2020, unemployment hit 3.5%, the lowest rate since 1969, with record-low rates for African Americans, Hispanics, and women.
Middle-Class Income Boom: Median household income grew by nearly $6,000 during Trump’s tenure, the largest increase in U.S. history within four years.
Major Tax Reform: The 2017 Tax Cuts and Jobs Act reduced corporate tax rates from 35% to 21%, sparking business growth and boosting wages.
Signed in 2020, the United States-Mexico-Canada Agreement (USMCA) replaced NAFTA, ensuring better terms for American farmers and manufacturers.
Prescription drug prices saw their largest year-over-year decline in over 50 years in 2019, saving billions for Americans annually.
In June 2019, Trump crossed into North Korea, becoming the first sitting US president to meet its leader on their soil, termed “an amazing visit” by North Korean media.
President-elect Donald Trump has announced a new agency, the Department of Government Efficiency (DOGE), aimed at reducing wasteful government expenditure.
TikTok credited Donald Trump's intervention for providing 'clarity and assurance' to its service providers, enabling the app's return after a short-lived US ban.