White House says ‘Fake News’ that Trump is considering 90-day pause

 

• The White House says any suggestion that President Donald Trump is considering a 90-day pause in tariffs is “fake news.”
• U.S. markets opened sharply lower Monday for a third trading session, as Trump’s tariffs paralyze global trade and investment.
• Asian markets plunged overnight, with stock indexes in Singapore, Australia, Japan, South Korea and India all suffering losses.
• European Union President Ursula von der Leyen said the EU is willing to negotiate with the U.S. on tariffs but also said the bloc will prepare to retaliate.
• Billionaire Trump backer Bill Ackman says America is on the brink of an “economic nuclear winter” due to tariffs.
• DOGE chief Elon Musk and top Trump trade advisor Peter Navarro continued a war of words and tweets over free trade.
• Trump will host Israeli Prime Minister Benjamin Netanyahu, one of his closest allies, at the White House Monday.
• Commerce Secretary Howard Lutnick insists that tariffs will not be postponed, and will “stay in place for days and weeks.”
• https://www.cnbc.com/2025/04/07/trump-tariffs-live-updates-stock-market-crypto.html