The Washington Post report on tariff policy is wrong

US President-elect Donald Trump on Monday denied a press report stating that Trump’s aides were reviewing plans for customs duties that would include only essential imports.

“The Washington Post story, citing unnamed and non-existent sources, incorrectly states that my tariff policy will be scaled back,” Trump wrote in a post on Truth Social. This is wrong. The Washington Post knows it’s wrong. “It’s just another example of fake news.”

The Washington Post, citing three informed sources, reported earlier today, Monday, that Trump’s aides are studying plans to apply tariffs to every country, but they only cover certain sectors that are important to national or economic security, which represents a marked shift from the promises made by Trump. During his presidential campaign.

European stocks and currencies rose sharply on Monday after the publication of this report.

Trump, a Republican who will be officially inaugurated on January 20, has pledged to impose 10 percent tariffs on global imports to the United States along with 60 percent tariffs on Chinese goods, tariffs that trade experts say will hinder trade flows, raise costs and lead to harmful reactions. With American exports.