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Trump denies tariff policy changes, calls report fake news

Trump Denies Tariff Plan Report, Calls It Fake News; Aides Discuss Targeting Critical Imports for National Security.

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Trump Denies Tariff Plan Report, Calls It Fake News; Aides Discuss Targeting Critical Imports for National Security.

U.S. President-elect Donald Trump has denied a report from the Washington Post suggesting that his aides are considering a revised tariff policy that would focus only on critical imports.

In a post on Truth Social, Trump labelled the report as “Fake News” and asserted that it inaccurately portrays his tariff stance. He dismissed the article, claiming it misrepresents his intended approach.

The Washington Post cited unnamed sources indicating that Trump’s team was reviewing tariff applications that would affect every country but concentrate on certain key sectors vital for national security. This would signify a departure from his earlier promises during the 2024 campaign. Following the report, European financial markets saw a notable increase.

Trump previously committed to imposing a 10% tariff on all global imports and a 60% tariff specifically on Chinese goods. Experts warn that these measures could disrupt trade dynamics, increase expenses, and provoke retaliatory actions against U.S. exports.

Details on which sectors would be affected by these potential tariffs remain unclear. However, preliminary discussions have highlighted priorities such as the defense supply chain, critical medical supplies, and energy production components.

Reports indicate that the Trump transition team may propose tariffs on all electric battery materials as part of a strategy to enhance domestic production. The Defense Department has also identified risks associated with dependence on Chinese supplies of essential materials.

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U.S. – India trade deal cuts tariffs and reshapes global energy flows

US cuts tariffs on Indian goods to 18%; India reduces Russian oil imports and enhances US energy purchases.

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US cuts tariffs on Indian goods to 18%; India reduces Russian oil imports and enhances US energy purchases.

The United States has reduced tariffs on Indian goods to 18 percent following a landmark trade agreement. This move comes after months of trade tensions between the two nations and is seen as a major win for India’s economy.

Under the deal, India will end its purchases of Russian oil while increasing imports of U.S. energy and other products. Prime Minister Narendra Modi praised the agreement, saying it will strengthen India’s economic growth and global trade relationships.

Following the announcement, U.S.-listed shares of major Indian companies have seen positive movement, signalling investor confidence in the trade deal.

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Iran orders nuclear talks with the U.S. as tensions rise at home and abroad

Iran seeks nuclear talks with the U.S. in Turkey, amid concerns over missiles, uranium, and domestic unrest.

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Iran seeks nuclear talks with the U.S. in Turkey, amid concerns over missiles, uranium, and domestic unrest.

Iran’s President has ordered the resumption of nuclear negotiations with the United States, with talks expected to take place in Turkey in the coming weeks.

Iran’s Foreign Ministry says regional countries will help facilitate the discussions, signalling a renewed diplomatic push after years of stalled engagement and rising tensions.

Despite the move, officials warn the talks won’t be easy, with deep disagreements still unresolved on both sides.


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Trump responds as Kristi Noem mandates body cameras for federal officers in Minneapolis

Trump advocates body cameras for police to prevent false claims; Noem mandates all federal officers in Minneapolis to wear them.

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Trump advocates body cameras for police to prevent false claims; Noem mandates all federal officers in Minneapolis to wear them.


Homeland Security Secretary Kristi Noem has ordered body cameras for all federal agents in Minneapolis following public outrage over the deaths of two U.S. citizens at the hands of immigration officers. Donald Trump says body cameras help prevent false claims against police.

The policy change comes as videos and eyewitness accounts have challenged official narratives and fuelled demands for transparency and reform.


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