Market Fluctuations Spark From Rumors of US Tariff Suspension

Rumors of a potential 90-day suspension of tariffs on certain countries by U.S. President Donald Trump have sparked volatility in global markets, according to Odaily news reports. The rumors emerged after comments made by the Director of the U.S. National Economic Council, Kevin Hassett, which were reported by Forexlive. While these claims originated from a report on the subject, they appear to be unfounded as CNBC did not confirm this information. Some sources attributed the sudden shift in market sentiment to ABC News, but this connection is also uncertain. Consequently, investors experienced a reversal of significant buying activity seen in U.S. stock markets.