Was there credible information behind a tweeted report that President Donald Trump on April 7, 2025 was considering a 90-day pause in imposition of the worldwide tariffs he announced April 2? No, that's not true: The White House "rapid response" social media account called the claim "fake news" soon after its appearance had caused stock prices to briefly rise and then continue April 7's worldwide collapse of major stock indices. The tweet, posted by an anonymous headline aggregator account named to sound like the Bloomberg news service, was made without any links, documents or other material to support the claim.
The claim originated in an April 7, 2025 tweet (since taken down) where it was published on the @walterbloomberg account, saying "HASSETT: TRUMP IS CONSIDERING A 90-DAY PAUSE IN TARIFFS FOR ALL COUNTRIES EXCEPT CHINA".
This is what the tweet, later taken down, looked like when it was posted:
(Source: Twitter.com screenshot taken by Lead Stories)
The White House's "rapid response" account on X.com within minutes had declared the Walter Bloomberg tweet "Fake News". The tweeted rumor referred to White House National Economic Council Director Kevin Hassett, who did not, in interviews on television, say Trump was preparing to pause imposition of tariffs.
(Source: X.com screenshot by Lead Stories)
More fact checks about tariffs can be found here.
