Trump Keeps His Negotiating Powder Dry With Tariff Turmoil

Jan. 6, 2025, 8:50 PM UTC

President-elect Donald Trump took to Truth Social on Monday to deny a report that he might moderate plans for across-the-board tariffs when he retakes the White House, fanning uncertainty about one of the most hotly anticipated policy moves he’s set to make.

And that may have been the point.

Trump and his team have kept markets, businesses and other nations guessing about how he intends to impose new tariffs, and Monday’s story in the Washington Post added to the questions. Citing people familiar with the matter, the Post reported that his aides were exploring plans to pare back sweeping tariffs. ...

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