CNBC News reported that on April 7, the White House spoke up to deny the rumor that the US temporarily suspended tariffs: "Fake news" - fake news.
Commenting on the information that was reported by White House Economic Advisor Kevin Hassett on the evening of April 7 (Vietnam time), implying that Mr. Trump was considering a temporary postponement of tariff policies, White House spokeswoman Karoline Leavitt confirmed to CNBC that this was fake news.
There is no such thing, Leavitt stressed.
Immediately after that, President Donald Trump himself posted on the social network Truth Social a video from Fox Business channel with the image of MC Maria Bartiromo declaring: " Interest rates are plummeting, oil prices are falling sharply, the policy of removing regulations is taking effect. President Trump will not back down.
Mr. Trump continued to affirm his tough stance: It is unacceptable that the United States will lose up to $1,900 billion to trade. We cannot lose money in trade and pour money into NATO to protect European countries.
Trump's comments were accompanied by a video showing him answering the press about the US having to bear large spending while the partner did not share the corresponding responsibility.
Commerce Minister Howard Lutnick concluded: There is no such thing as tax postponement. The current policy remains the same - not only for a few days, but also for many coming weeks.
In other developments, the global financial market is reacting strongly to Mr. Trump's countervailing tax policy.
The US stock market opened in red at the beginning of the week, marking the third consecutive decline, as investor confidence was "paralyzed" by concerns about a trade war.
In Asia, stock indexes in Singapore, Australia, Japan, South Korea and India all plummeted.
European Commission President Ursula von der Leyen said the EU was ready to negotiate with the US, but did not forget to warn: " Europe will prepare for counterattacks".
In the US, Trump's longtime investment billionaire and ally Bill Ackman warned: "The United States is facing the risk of a nuclear economic winter."
The atmosphere became more tense as billionaire Elon Musk continued his social media war with Trump's top trade advisor, Peter Navarro, on free trade.
Despite all the storms, Mr. Trump has kept the same schedule to welcome Israeli Prime Minister Benjamin Netanyahu - one of his closest allies - at the White House on April 7, US time.
