5 sources·Politics

Trump Denies Reports of Tariff Plan Changes

President-elect Donald Trump refutes a Washington Post report suggesting a shift in his tariff strategy, reaffirming his original campaign promises.

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Updated: Jan 6th, 2025, 3:29 PM ET

Summary

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President-elect Donald Trump has strongly denied a Washington Post report claiming that his administration is considering a scaled-back tariff strategy focused on critical imports. Trump called the report 'fake news' and maintained that he will pursue aggressive tariffs, which he believes are necessary to protect American manufacturing. The potential changes, which would affect sectors like defense supplies and medical goods, come amid ongoing economic concerns regarding inflation and global trade. Despite Trump's denials, economists remain wary of the potential impacts of such tariffs on prices and the economy overall.

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