Faux tariff headlines briefly rally market, then crash continues
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Varied headlines claimed that Nationwide Financial Council Advisor Kevin Hassett stated Trump was contemplating a 90-day pause in tariffs — aside from on China.
The place did the story come from?
Unusually, Reuters public reporting appears to reference a CNBC chyron.
This morning, Trump threatened extra tariffs on buying and selling companions, together with an extra 50% tariff on China to start out on Wednesday.
The unique market rally has been eradicated, and the most important US indices have since turned purple for the day.
Cryptocurrency hasn’t prevented the market fears, with bitcoin falling to roughly $78,000.
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Toncoin24h
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Bitcoin24h
$78,742.49-0.23%
Ethereum24h
$1,559.59-2.73%
XRP24h
$1.91-4.00%
BNB24h
$554.34-0.06%
Solana24h
$106.62-1.60%
Dogecoin24h
$0.1483-2.84%
TRON24h
$0.2285-2.03%
Cardano24h
$0.5809-1.46%
UNUS SED LEO24h
$8.93+0.48%
Toncoin24h
$3.06-2.74%
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