US Media: Trump plans to issue a memorandum related to trade policy, but will not impose new tariffs on his first day in office

According to The Wall Street Journal, U.S. President-elect Donald Trump plans to issue a memorandum on Monday directing federal agencies to study trade policies and assess the United States' trade relations with other countries. However, he will not impose new tariffs on his first day in office, which has caused concern among many trading partners.

The presidential memorandum instructs federal agencies to investigate and address persistent trade deficit issues and unfair trade and currency policies of other countries, problems that have long troubled Trump. But the memo itself does not implement any new tariffs, giving markets a temporary sigh of relief as they feared Trump would immediately impose high tariffs.

Instead, this trade policy memo indicates that there is still intense debate within the new administration about how to fulfill Trump's campaign promise of generally imposing import tariffs and levying higher tariffs on competitors.