Trump refuted claims that his tariff policy would be narrowed, asserting the report in the Washington Post was "fake news" and contained incorrect information.
The aides indicated that the plans regarding tariffs are still being deliberated and formalized, leading to widespread uncertainty within economic circles regarding future policies.
Market responses show that despite Trump's denial, U.S. and European stocks saw significant gains, indicating mixed sentiment in response to his trade policy direction.
John Murphy reflected the prevailing attitude in business circles, stating, "It all seems uncertain and unsettled," as the Trump administration prepares to take over.
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