President-elect Donald Trump on Monday denied a report that his transition team is considering a scaled-down tariff plan that would be less extensive than he proposed during his campaign.

The Washington Post reported, citing three people familiar with the matter, that Trump aides were drawing up plans that would see a blanket tariff applied to all countries but only covering imported goods deemed critical to national or economic security, rather than all imported products.

The policy would represent a marked shift from the tariff plans Trump outlined on the campaign trail, which included proposals for blanket tariffs of 10 percent or 20 percent on all imported goods, as well as a 60 percent tariff on chinese people However, the president-elect denied the report in a social media post.

“The Washington Post story, which cites so-called anonymous sources, who don’t exist, incorrectly claims that my tariff policy will be reduced. That’s wrong. The Washington Post knows it’s wrong. It’s just another example of fake news.” , Trump wrote in a post on Truth Social.

TRUMP’S PROPOSED TARIFFS: WHICH CONSUMER PRODUCTS COULD BE IMPACTED?

President-elect Trump has dismissed reports suggesting his transition team is rolling back its tariff plans. (Allison Robbert-Pool/Getty Images/Getty Images)

The Post report said the plans are in flux and have not been finalized, and it is unclear from the report which industry sectors would be targeted by the tariffs. The report said preliminary discussions focused tariffs for imports related to the defense industrial supply chain, critical medical supplies and energy production.

Reuters reported last month that a Trump transition team The document recommended imposing tariffs on all electric battery materials globally in order to boost US production and then negotiating individual exemptions with US allies.

COSTCO EXEC WARNS TRUMP’S PROPOSED TARIFFS WOULD INCREASE COSTS

President-elect Trump proposed a blanket tariff of 10% or 20% on all imports during his campaign. (Photo: Brett Carlsen/Bloomberg via Getty Images/Getty Images)

Asked to charge fees to “Electric vehicle supply chain“imports including batteries, critical minerals and cargo components.

The proposal reviewed by Reuters said the administration would use Section 232 tariffs, which are used to mitigate threats to national security, to limit imports of those products.

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In recent years, the Department of Defense has highlighted US strategic vulnerabilities due to The domain of China from the mining and refining of critical minerals such as graphite and lithium needed for batteries, as well as rare earth metals used in both electric motors and military aircraft.

Reuters contributed to this report.