Market Blunder? The news regarding the suspension of tariffs has not been confirmed

USHK News
2025.04.07 14:40

On April 7th, Jin10 Data reported that a headline from the financial website Forexlive regarding comments made by National Economic Council Director Kevin Hassett caused significant market fluctuations. The report stated, "U.S. President Trump is considering suspending tariffs for 90 days on certain countries." Within minutes, this news spread everywhere, but it appeared to be fake news. People cited CNBC because they discussed the rumor, but they did not report it. Some claimed it was reported by ABC News, but that also seemed to be false. As a result, the massive buying in the U.S. stock market reversed