White House Debunks Rumors: Claims of Considering 90-Day Tariff Suspension are All <i>Fake News</i>

BlockBeats News, April 7th, according to CNBC, the U.S. stock market suffered a heavy blow for the third consecutive day on Monday. Trump imposed shockingly high tariffs on most of the U.S.'s major trading partners, leading to a market collapse, but the White House remained unfazed. Shortly after the opening, the stock market experienced a brief rebound, with the Dow Jones Industrial Average entering positive territory. Speculation about some form of tariff suspension circulated in the trading hall and on social media, which may have been one of the reasons that caused the stock market to briefly turn positive. The White House told CNBC that any claims of a 90-day (tariff) suspension are "fake news." (Jinshi)