He changed the US official recognition of the name. It doesn't effect how other governments will officially recognize it. And as for why, it seems like just because he can, and America First and all that.
If we had to dig deeper into why he might have done it as a priority, I believe it was part of his shock and awe campaign, not giving the media a second to inhale before the next bomb was dropped on the left's agenda.
This is who they want us to hate:
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There no longer a such thing as a liberal.