 Dollar weakened significantly, while stock futures rebounded, amid reports suggesting that the incoming Trump administration may scale back its plans for sweeping tariffs. According to The Washington Post, discussions among President-elect Donald Trump’s aides now lean toward imposing tariffs only on critical sectors tied to national or economic security, rather than blanket levies on all imports. This approach marks a departure from the broader tariff policy championed during the campaign, reflecting political considerations around goods integral to daily life—such as food and consumer electronics—that could spark backlash if subject to hefty duties. In this scenario, the administration aims focus on reshuffling supply chains in areas like defense, medical equipment, and energy production back to US soil. While the specifics are still under discussion, the move signals a more calculated approach to trade policy that could reduce market fears of widespread disruptions in global trade..... | 
