Politics

His tweets have the power to shape international relations, send stock prices up — or down — and galvanize the American public.

We're watching how Donald Trump is using this platform of unfettered communication now that he’s commander in chief. Here is everything Trump has tweeted since he was sworn in as 45th president of the United States. In many cases, we look at what he was reacting to and whether what he said was accurate. And, as much as possible, we'll relate what else was going on at the time. Check back for more as Trump continues to tweet.

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Trump praises companies' plans to pass along some expected gains from tax cuts

President Trump praised a plan by Wal-Mart Stores Inc. to lift its minimum wage to $11 an hour for its U.S. workers and provide them with a one-time cash bonus of up to $1,000 due to expected gains from the new tax law.

Trump shared via Twitter a video clip of a Fox Business Network report on the announcement:

The nation’s largest retailer, with about 1.5 million U.S. employees and nearly $500 billion in global revenue, also said it would expand its workers’ maternity and parental leave benefits.

“We are building on investments we’ve been making in associates, in their wages and skills development,” Wal-Mart Chief Executive Doug McMillon said in a statement.

The new tax law lowers the U.S. corporate tax rate to 21% from 35%, among other things, and McMillon said Wal-Mart was “in the early stages of assessing the opportunities tax reform creates for us to invest in our customers and associates and to further strengthen our business, all of which should benefit our shareholders.”

Later, Trump also thanked Fiat Chrysler after the company announced it is moving production of heavy-duty trucks from Mexico to Michigan and paying bonuses to U.S. workers in response to the passage of the tax cuts:

The automaker will invest $1 billion in its Warren Truck Assembly Plant to make the Ram Heavy Duty Truck starting in 2020. That truck is currently made in Saltillo, Mexico, where workers will continue to make commercial vehicles.

FCA says the Warren plant will add 2,500 new jobs.

The company also plans to pay $2,000 bonuses this spring to about 60,000 hourly and salaried U.S. employees.

In his tweets, Trump suggested that other corporations will follow suit:

“All business is just at the beginning of something really special!” he pledged:

— This post contains reporting from Los Angeles Times staff writer James F. Peltz and the Associated Press.

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