Trump 2nd term updates: Trump says USAID is run by 'radical lunatics'

Tariffs were not in the executive orders Trump signed on Monday night and he suggested he’s still undecided on how far they might go -- which investors are reading as a good sign, reflected by the rallying market on Tuesday.

Trump said he was now targeting Feb. 1 as a potential target date for tariffs to take effect against Mexico and Canada, which he said could be as high as 25%. He said any plans for blanket tariffs are “not ready” just yet.

Trump has a history of using the threat of tariffs as a governing style.

Urging Mexico to crack down on border crossings in 2019, Trump threatened to slap a tariff on the country within 10 days through the International Emergency Economic Powers Act (IEEPA) but relented after Mexico committed to specific measures.

-ABC's Cheyenne Haslett and Elizabeth Schulze

Trump said Biden gave a "very nice letter" before he left office and that he appreciated it.

"It was an inspirational-type letter," he said. "Do a good job. Important, very important how important the job is."

Capitol Police Chief Thomas Manger sent an internal memo praising officers following the pardons made by President Donald Trump and former President Joe Biden. The memo was obtained by ABC News Senior Political Correspondent Rachel Scott.

Manger said that "when there is no price to pay for violence against law enforcement, it sends a message that politics matter more than our first responders."

Manger cited the pardons from Trump for Jan. 6 rioters and from Biden for commuting the sentence of Leonard Peltier, a man convicted of the murder of two FBI agents in 1975.

"Police willingly put themselves in harm's way to protect our communities. When people attack law enforcement officers, the criminals should be met with consequences, condemnation and accountability," Manger said.

The page currently consists of a simple landing page displaying a logo featuring the iconic Shiba Inus from the original "doge" meme.

The official page comes after President Donald Trump's executive order on Monday night creating the now solely Musk-led Department of Government Efficiency. The order notably stated that the U.S. Digital Service (USDS) will be renamed the U.S. DOGE Service and placed under the Executive Office of the President.

DOGE will terminate on July 4, 2026, as Musk has previously detailed, and each agency in the Trump admin must create a DOGE Team, according to the order.

– ABC’s Will Steakin