The White House denies that Trump is considering suspending tariffs. The three major indexes fluctuate up and down!

The tariff policy of the Trump administration continues to create waves in the global market. Despite reports from foreign media that Trump is considering suspending the imposition of new tariffs for 90 days, the White House quickly denied this, calling it "fake news." Earlier, the US stock market had surged, with the Dow Jones rising more than 2%, the S&P 500 rising 2.8%, and the Nasdaq rising 3.5%, but then quickly turned lower. White House press secretary Levitt stated in a media interview that the reports about Trump planning to suspend tariffs are "completely fictional." She emphasized that the president has not considered any form of concessions. Earlier, a report quoting the director of the US National Economic Council, Hassett, sparked attention in the market, suggesting that Trump may consider suspending tariffs. Trump himself also posted a video on the social media platform Truth Social, where Fox Business Channel anchor Maria Bartiromo said, "The president will not back down, interest rates and oil prices are sharply declining, deregulation is progressing." However, the continued tension in tariff policies has had a significant impact on the market. The US stock market opened sharply lower on Monday, marking the third consecutive trading day of declines, reflecting investors' concerns about trade prospects and economic growth. Meanwhile, Asian markets experienced severe volatility, with major stock indexes in Singapore, Australia, Japan, South Korea, and India all falling. In Europe, European Commission President von der Leyen stated that the EU is willing to negotiate with the US on tariff issues but also warned that the EU is prepared to retaliate. Billionaire Ackman, who supports Trump, warned that the US is facing an "economic nuclear winter." Meanwhile, Tesla, Inc. CEO and "DOGE representative of the Trump administration" Musk continued to clash with senior trade adviser Navarro on social media over free trade issues. Against this backdrop, Trump will meet with Israeli Prime Minister Netanyahu at the White House on Monday to strengthen relations with an important ally. Meanwhile, US Commerce Secretary Lutnick reiterated that the tariff policy will not be delayed and will continue for "several days or even weeks." Trump also posted on social media that the US losing $19 trillion in trade is "unsustainable." He pointed out that the US cannot afford to lose in trade and also bear high costs for NATO defense to protect European countries. Market anxiety has also affected individual stock performance. The stock price of Tesla, Inc. (TSLA.US) is currently down about 20% from last month when Lutnick called for a "buy" on Tesla, Inc. on Fox News. He said at the time, "This stock is unbelievably cheap right now, there won't be another opportunity like this." However, the facts prove that there is still room for further decline in the stock price. Canada has also expressed dissatisfaction with the tariff policy of the Trump administration and has filed a dispute settlement request with the World Trade Organization (WTO) regarding the 25% tariff on Canadian cars and parts by the US. The WTO stated that the two parties will first attempt to resolve the dispute through negotiation, and if they cannot reach an agreement within 60 days, Canada can request the establishment of an expert panel to make a ruling. Canada believes that the US tariff measures violate multiple provisions of the 1994 General Agreement on Tariffs and Trade. Market observers generally believe that the tariff policy of the Trump administration is having a profound impact on the global trade and investment environment, and short-term market volatility is likely to continue.