White House Dismisses 90-Day Tariff Pause Report, Triggering Market Shock

Rumors of a temporary suspension on tariffs have sent shockwaves through financial markets, with U.S. stocks and cryptocurrencies experiencing significant losses. President Trump has vehemently denied these reports, sparking widespread market volatility and casting uncertainty over global financial sectors. 8% was the peak surge in the Dow Jones, followed by an immediate drop after the White House’s response to the alleged pause on tariffs. The cryptocurrency market also saw a steep downturn, reflecting investor anxieties surrounding the future of economic stability.