Trump to hold fire on immediate tariffs, call for trade deficit review

President's team still debating size and targets of additional levies

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U.S. President Donald Trump speaks during the inaugural parade inside Capital One Arena in Washington on Jan. 20. © Reuters

JACK STONE TRUITT and PAK YIU

NEW YORK/WASHINGTON -- U.S. President Donald Trump will not impose any new tariffs on his first day in office, but he will call for a sweeping review of trade relationships with countries likely to include China, Canada and Mexico.

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