U.S. Markets Swing Wildly as Trump Admin Denies 90-Day Tariff Pause Report
The US markets oscillated wildly this morning on an unrelated relationship according to which President Trump was taking into consideration a 90 -day break for his large rates. The White House has not announced any change of policy and later defined the “False News” report on one of its official accounts on X.
It was not clear where the relationship originated. When asked at the beginning of the day on the possibility of a break on the imposition of the expansive rates announced by President Trump last week, Kevin Hassett, director of the National Economic Council, said on Fox News: “I think the president will decide what the president will decide”.
Even if the S&P 500 entered briefly in the Orsa market on Monday morning, Trump did not show any sign of retreating from the rates. He also emitted a new threat against China, warning that he would increase the rates on the country for his plans to take revenge against the United States.
“Negotiations with other countries, who have also requested meetings, will immediately begin to carry out”, Mr. Trump he said on social truth.
