💨 Abstract
The White House has denied reports that US President Donald Trump is considering a 90-day pause on tariffs, stating they are "fake news". The denial caused a reversal in the US stock market, resulting in significant losses for the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite. Trump has threatened a 50% tariff on China if Beijing does not remove retaliatory tariffs on US imports.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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