Trump Denies Plans to Reduce Tariff Policy

Reported 2 days ago

President-elect Donald Trump refuted a Washington Post report suggesting that his tariff policy might be scaled back to focus on limited critical imports. In a Truth Social post, he stated that reports of narrowing his tariff plans are incorrect. The potential strategy discussed among aides would target select goods related to national or economic security, which could significantly change his originally proposed universal tariffs of 10% to 20%. Uncertainty surrounding his tariff plans has already impacted global trade, leading companies to adjust their supply chains ahead of his inauguration.

Source: YAHOO

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