White House refutes rumors that considering a 90 day suspension of tariffs is' fake news'

On April 7th, according to CNBC, the US stock market suffered a heavy blow for the third consecutive day on Monday. Trump imposed shockingly high tariffs on most of America's major trading partners, causing the market to collapse, but the White House remained indifferent. Shortly after the opening, the stock market experienced a brief rebound, and the Dow Jones Industrial Average entered an upward range. Speculation about some form of tariff suspension is circulating on trading floors and social media, which may have been one of the reasons for the stock market's temporary rise. The White House told CNBC that any claim about a 90 day suspension of tariffs is' fake news'. (Golden Ten)