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Wall Street Has Wild Swing As Social Media Post Falsely Claims That Donald Trump May Pause Tariffs
A random social media post appears to have impacted the markets.
Photo by Michael M. Santiago/Getty Images Media coverage of Wall Street this morning focused on the quick drop in major indexes, following last week’s bruising losses due to Donald Trump ‘s tariff announcement. Apparently [Kevin] Hassett has been saying that Trump will consider a 90-day pause in tariffs on other countries except for China,” CNBC ‘s Carl Quintanilla told viewers at 10:14 a.m. The rumor appeared to have started from an account from Walter Bloomberg, who has a tendency to post breaking news headlines in all caps.
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