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The White House refuted the rumor: The statement that considers suspending 90-day tariffs is all "fake news"

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Reprinted from panewslab

04/08/2025·21D

PANews reported on April 7 that according to Jinshi's signings to CNBC, the U.S. stock market suffered a hard hit on the third consecutive day on Monday. Trump imposed shocking high tariffs on most major U.S. trading partners, causing the market to collapse, but the White House remains indifferent. Shortly after the opening, the stock market rebounded briefly and the Dow Jones Industrial Average entered an upward range. Speculation about some form of tariff suspension circulated on trading floors and on social media, which could be one of the reasons why the stock market once turned rally. The White House told CNBC that any statement about the 90-day suspension of (tariffs) is "fake news."

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