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European stocks and currencies rallied sharply on Monday after the Washington Post reported U.S. tariffs might be less aggressive than President-elect Donald Trump has previously threatened, injecting optimism into regional markets.
Trump's aides are exploring tariff plans that would be applied to every country but only cover critical imports, the Washington Post reported on Monday.
The discussions centre on imposing tariffs only on certain sectors deemed critical to national or economic security, the report said, citing three people familiar with the matter.
 
If this is true, it may possibly be due to the Trump Whisperer: Elon Musk

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