The White House has denied rumors about President Trump’s alleged contemplation of a 90-day tariff pause, dismissing the reports as “fake news.” The confusion arose following a misinterpretation of Kevin Hassett’s remarks on social media, which incorrectly implied a possible tariff suspension for all countries except China. This misunderstanding contributed to market volatility as investors reacted to the speculation. President Trump’s administration has been engaged in trade negotiations with various nations, including China, in an effort to address trade imbalances and promote American interests. The administration’s stance on tariffs and trade policies has been a focal point of international discussions and has had a significant impact on global markets. Despite the recent rumors, the White House has not announced any plans for a tariff pause, and the situation remains fluid as trade talks continue. Stay tuned for updates on this developing story.
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White House Denies Trump Considering 90-Day Tariff Pause, Calls Reports “Fake”; Market Turbulence Follows Misinterpreted Comments
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