The White House debunks rumors: The claim of considering a 90-day suspension of tariffs is all "fake news."
ChainCatcher news, according to CNBC, the U.S. stock market suffered a blow for the third consecutive day on Monday, as Trump's shocking high tariffs on most major trading partners led to a market crash, while the White House remained indifferent. 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 a 90-day tariff suspension circulated in trading halls and on social media, which may have contributed to the temporary turnaround in the stock market.
The White House told CNBC that any claims about a 90-day (tariff) suspension are "fake news."
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