U.S. Stock Market Faces Turbulence Amid High Tariffs Imposed by Trump

According to Odaily, the U.S. stock market experienced significant losses for the third consecutive day on Monday, following U.S. President Donald Trump's imposition of high tariffs on most major trade partners. This move has led to market turmoil, yet the White House remains indifferent to the situation. Shortly after the market opened, there was a brief rebound, with the Dow Jones Industrial Average entering positive territory. Speculation about a possible pause in tariffs circulated in trading halls and on social media, potentially contributing to the temporary market uptick. However, the White House informed CNBC that any claims of a 90-day tariff suspension are "fake news."