Recent reports indicate that Trump’s team is working on a new tariff plan, aiming to impose import duties on certain goods from around the world. This plan is different from the “universal tariffs” that Trump suggested during his campaign, and the specific goods or industries that will be affected have not yet been disclosed. The tariff policy Trump proposed during the election primarily aimed to protect U.S. domestic manufacturing, reducing competition from low-priced imports. This policy was closely tied to Trump’s campaign promises and helped garner support from voters. Additionally, the revenue generated from tariffs could offset potential tax losses from other tax cuts. However, Trump has denied reducing the intensity of the new tariffs, leading to a drop in the dollar during volatile trading, with the dollar index falling by 0.7% to 108.23.