Trump 90-Day Tariff Pause Rumor Causes Stock Whipsaw Before White House Calls It ‘Fake News’—Here’s What Happened [Forbes]
JP Morgan Chase & Co. (JPM)
Last jp morgan chase & co. earnings: 4/14 06:43 am
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Source: Forbes
White House said Monday, as Trump champions his levies while U.S. markets face historic selloffs. Key Facts The White House Monday that Kevin Hassett, director of the National Economic Council, never indicated Trump would consider a 90-day pause on his tariffs during an appearance on Fox News, and White House press secretary Karoline Leavitt CNN reports citing this claim are “fake news.” During his , Hassett was asked whether Trump could call a “90-day timeout” on his tariffs, to which Hassett responded: “I think the president will decide what the president is going to decide.” Hassett's quote appeared to be misinterpreted on X, where some users Hassett confirmed Trump would consider a pause, leading to citing his statement. The Dow Jones Industrial Average, S&P 500 and Nasdaq each rose following the reports, including the S&P rising more than 6% over a 30-minute period, before markets fell again after the White House's rebuttal. Get Forbes Breaking News Text Alerts: We're
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JPM
Earnings
- 10/14/25 - Beat
JPM
Sec Filings
- 12/16/25 - Form 424B2
- 12/16/25 - Form 424B2
- 12/16/25 - Form 424B2
- JPM's page on the SEC website