The US Coast Guard and state of Florida have renamed the Gulf of Mexico to the Gulf of America after Donald Trump demanded its name be changed. On his first day in office as the 47th US president, Trump issued an executive order that federal government agencies rename the gulf between Mexico and the United States to the ‘Gulf of America’.

As part of a torrent of decisions he issued hours after taking office, President Donald Trump declared that the name of America’s tallest mountain be changed from Denali to Mount McKinley, and that the Gulf of Mexico be renamed “The Gulf of America.”

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U.S. President Donald Trump on Tuesday vowed to hit the European Union with tariffs and said his administration was discussing a 10% punitive duty on Chinese imports because fentanyl is being sent from China to the U.

Donald Trump is now talking of a Feb. 1 deadline for tariffs on China, Canada, Mexico, and perhaps even the EU.

Global stock markets rose on Tuesday, after US President Donald Trump stopped short of announcing new tariffs on his first day in office. The three main US indexes ended the day higher, while shares in Europe and Asia also made modest gains.