Fake News Headlines Dupe CNBC, Cause Insane Stock Market Swing In Matter Of Minutes

The stock market temporarily swung upwards in a matter of minutes after CNBC ran several chyrons falsely stating that President Donald Trump considered a 90-day pause on the tariffs.

Several outlets reported on the now-debunked 90-day pause after White House national economic council director Kevin Hassett told Fox News that Trump will “decide what [he’s] going to decide” on tariffs. Hassett touched upon this issue in response to billionaire Bill Ackman, who called for a 90-pause to prevent an “economic nuclear winter” due to tariffs.