In a recent statement, the White House dismissed rumors of President Trump contemplating a 90-day tariff halt, dismissing such reports as “fake news.” The confusion stemmed from a social media post that misconstrued remarks made by Kevin Hassett, leading to market volatility. Hassett’s comments were inaccurately interpreted as hinting at a temporary tariff suspension for all countries except China. The speculation surrounding a possible pause in tariffs has had ripple effects on global markets and trade relations. The White House’s denial of these speculations underscores the ongoing uncertainty and complexity of international trade negotiations. The news of a potential tariff pause comes amid escalating trade tensions between the US and several other nations, particularly China. The impact of these trade disputes has been felt across various industries and economies worldwide. As the situation continues to evolve, stakeholders are closely monitoring developments and preparing for any potential policy shifts that may arise. The White House’s clarification on the matter serves as a reminder of the importance of accurate information and its influence on market dynamics.