Trump says WaPo ‘incorrectly stated’ tariff policy will be pared back

President-elect Donald Trump, in a post on Truth Social, said “The story in the Washington Post, quoting so-called anonymous sources, which don’t exist, incorrectly states that my tariff policy will be pared back. That is wrong. The Washington Post knows it’s wrong. It’s just another example of Fake News.” The Washington Post previously said preliminary talks have focused largely on several key sectors that the Trump team wants to bring back to the U.S., including the defense industrial supply chain through tariffs on steel, iron, aluminum and copper, medical supplies, and energy production, through batteries, rare earth minerals, and solar panels. Publicly traded steel companies include ArcelorMittal (MT), Steel Dynamics (STLD), Nucor (NUE), and U.S. Steel (X), with copper companies including Southern Copper (SCCO) and Freeport McMoRan (FCX), and iron companies including BHP (BHP), Rio Tinto (RIO), Vale (VALE), and Cleveland-Cliffs (CLF). Publicly traded solar companies that may be impacted include Array Technologies (ARRY), Emeren (SOL), FTC Solar (FTCI), First Solar (FSLR), Maxeon Solar (MAXN), Shoals Technologies (SHLS), SolarEdge (SEDG) and SunPower (SPWR). Publicly traded rare earths companies include MP Materials (MP), Energy Fuels (UUU), and NioCorp (NB).