The price of Bitcoin reclaimed $100,000 Monday and continued climbing as the U.S. dollar weakened, following a report that President-elect Donald Trump’s team is considering a pared-back tariff plan.
The Washington Post reported that following Trump’s calls for “universal” tariffs on the campaign trail, his team is still considering taxes on goods and services imported from every country—but the plan could be limited to covering only critical imports.
The Post, which cited three people familiar with the matter, stated the plan remains in flux as Trump gears up to return to the White House in two weeks. A targeted tariff plan could focus on imports from sectors deemed critical to U.S. national and economic security, such as medical supplies or energy production, the paper reported.
In a Truth Social post, Trump pushed back on the Post’s reporting, arguing that it “incorrectly states that my tariff policy will be pared back.” In September, Trump proposed a tariff of up to 20% o…
