As Donald Trump takes the oath of office for his second term as U.S. president, world leaders are responding with a range of emotions – from wariness and anger to enthusiasm – over his aggressive inauguration pledges to retake the Panama Canal and deport millions of immigrants.
Panama Pushes Back on Canal Takeover
In his speech, Trump declared the Panama Canal a “foolish gift” that “should never have been made,” setting off a firestorm of controversy. Panama’s president, José Raúl Mulino, fired back on X (formerly Twitter), asserting the waterway “is and will continue to be Panamanian.”
“There is no presence of any nation in the world that interferes with our administration. The canal was not a concession from anyone. It was the result of generational struggles.”
– José Raúl Mulino, President of Panama
Mexico Vows to Defend Immigrants
Mexico is also on high alert after Trump announced he would declare a national emergency at the U.S.-Mexico border and begin deporting “millions and millions of criminal aliens.” President Claudia Sheinbaum urged calm while defending Mexican immigrants.
- Sheinbaum urged immigrants to “remain calm” and see how the process develops
- She stressed Mexico will “always defend” its people in the U.S.
- Mexico sees dialogue, respect and cooperation as key to the U.S. relationship
Alignment and Enthusiasm from Hungary, Russia, India
Leaders more ideologically aligned with Trump’s worldview voiced their excitement. Hungarian PM Viktor Orbán proclaimed “Now it’s our turn to shine! It’s our turn to occupy Brussels!” Putin said he was open to dialogue on Ukraine, while India’s Modi called Trump a “dear friend.”
Caution and Reminders from Europe, Canada
Other leaders struck a measured tone, emphasizing alliances and shared histories. German chancellor Scholz and British PM Starmer highlighted the depth of transatlantic ties, while Canada’s Trudeau stressed the U.S.-Canada economic partnership despite Trump’s tariff threats.
Shoring Up Defense and Alliances
With uncertainty on the horizon, Nato chief Stoltenberg promised to “turbo-charge” military spending and production among allies. “Together we can achieve peace through strength — through @Nato,” he pointedly tweeted. Ukraine’s Zelenskyy praised Trump’s “peace through strength” policy as an opportunity.
As the Trump era begins anew, a reshaped world order is taking form, with countries fortifying alliances or celebrating ideological victories. For the crypto industry, Trump’s unconventional approach could mean a new regulatory landscape and shifting international attitudes. All eyes are on Washington to see how this unpredictable leader’s second act unfolds on the global stage.