Breaking: Trump Denies Washington Post Story on Tariff Policy
🔹 "The story in the Washington Post... incorrectly states that my tariff policy will be pared back. That is wrong," US President-elect Donald Trump declares.
🔹 In a strong rebuttal, Trump accuses the publication of spreading "Fake News" based on "so-called anonymous sources, which don't exist."
🔹 Trump posted his statement on Truth Social, reaffirming his tariff stance and criticizing the media's reporting.
📉 Market Reaction:
The US Dollar Index (DXY) initially dipped but recovered from session lows after this news.
Despite the rebound, it remained down 0.6% on the day, at 108.25.
🌍 Key Takeaway:
This development underscores the high stakes of economic policy discussions under the incoming administration. Markets remain sensitive to any signals about trade and tariff strategies.