President-elect Trump denies report of changes in tariff plans

President-elect Donald Trump On Monday, he denied a report that his transition team was considering a reduced tariff plan that would be less comprehensive than what he proposed during his election campaign.

The Washington Post reported, Citing three people familiar with the matter, Trump aides were drawing up plans that would see a blanket tariff applied to every country but covering only imported goods deemed essential to national or economic security, not all imported products.

Such a policy represents a marked shift from the tariff plans outlined by Trump during his election campaign, which included proposals to impose comprehensive tariffs of 10% or 20% on all imported goods, as well as a 60% tariff on Chinese goods. But the president-elect denied the report in a social media post.

“The story in The Washington Post, citing so-called anonymous sources, which do not exist, incorrectly suggested that my tariff policy would be scaled back. This is false. The Washington Post knows it is false. It is just another example of fake news.” Trump wrote in a post on Truth Social.

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The newspaper report said that the plans are in a state of constant change and have not yet been finalized, and it is not clear from the report which industrial sectors will be targeted by the customs tariffs. The report said that initial discussions focused on: Customs tariffs on imports Related to the defense industrial supply chain, biomedical supplies and energy production.

Reuters reported last month that A Trump transition team The document recommended imposing tariffs on all electric battery materials globally in an attempt to boost American production and then negotiating individual exemptions with US allies.

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It demanded that customs duties be imposed onElectric vehicle supply chain“Imports including batteries, critical metals and charging components.

The proposal reviewed by Reuters said the administration should use Section 232 definitions, which are used to mitigate national security threats, to limit imports of these products.

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In recent years, the Department of Defense has highlighted America’s strategic vulnerabilities due to… China’s dominance Mining and refining important minerals such as graphite and lithium needed for batteries, as well as rare earth metals used in both electric car engines and military aircraft.

Reuters contributed to this report.