The White House has dismissed rumors about President Trump contemplating a 90-day tariff halt as “fake news,” causing market volatility. The confusion arose following a misinterpretation of Kevin Hassett’s remarks on social media, which implied a possible tariff suspension for all countries except China. President Trump’s administration has clarified that there are no plans for such a move. The speculation over a potential tariff pause has stirred uncertainty among investors and traders, impacting global financial markets. This development comes amid ongoing trade tensions between the United States and various countries, particularly China. The White House’s denial of the rumored tariff pause has underscored the administration’s commitment to its trade policies. Despite the market turbulence triggered by these reports, the U.S. government remains focused on addressing trade imbalances and promoting American economic interests. Investors are advised to stay informed about official announcements from the White House to avoid reacting to potentially misleading information. The clarification from the White House regarding the alleged tariff pause highlights the importance of accurate reporting and the potential consequences of misinformation on financial markets.