New Delhi: Donald Trump’s return to the Oval Office is a paradox of fiery populism fused with calculated pragmatism, marking a new chapter in the volatile narrative of modern governance. His inaugural speech echoed the familiar themes of “America First,” but this time tempered with a sharper understanding of global markets and domestic consequences.

Where his first term was characterised by erratic moves often overturned in courtrooms, Trump 2.0 appears no less disruptive. The question now is not whether his policies will ripple through the world but how seismic those ripples will be—and whether they might turn into waves that redraw global dynamics.

The opening day of Trump’s second term have been a flurry of executive orders and bold declarations. A symbolic memorandum targeting consumer inflation set the stage for his economic priorities, though its practical impact remains to be seen. Far more tangible was his rollback of Biden-era regulations on oil and natural gas, particularly in Alaska, as he declared a National Energy Emergency. This aggressive pivot to fossil fuels, coupled with the U.S.’s withdrawal from the Paris Climate Agreement, signals a devastating blow to global sustainability efforts.

While these moves play well to Trump’s base, who see energy independence as a pillar of national strength, the broader consequences are stark. For nations like India, committed to ambitious renewable energy goals, the lack of U.S. collaboration leaves a leadership void that will be hard........

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