Donald Trump has been sworn in as the 47th president of the United States.

The 78-year-old becomes the second president to serve nonconsecutive terms.

Trump identifies lowering inflation and costs, tax cuts for workers and securing the American border as some of his top priorities.

Vice President JD Vance was also sworn in on Monday.

No tariffs on Canadian goods  – yet

Donald Trump will not bring in tariffs on goods from Canada, Mexico and China on his first day in office.

The Wall Street Journal is reporting a memo Trump is planning to sign Monday calls for evaluating U.S.’s trade relationships but stops short of adding new taxes.

Canadian officials had been preparing to retaliate and fight back in a potential trade war with the U.S. as Trump threatened tariffs in the lead up to his swearing in as the new president.

In a post on X, Prime Minister Justin Trudeau sent his congratulations to the new president.

“Canada and the U.S. have the world’s most successful economic partnership. We have the chance to work together again — to create more jobs and prosperity for both our nations.” Trudeau said.