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REDDIT
For the second time, a report was made related to tariffs, which the WH vehemently denied, only to do the exact thing a day or two later
First time was back in February, when Reuters reported on a Friday that tariffs on MX/CAD would be delayed, market rose, then an hour or so later the WH called it fake news, markets fell back down.
That following Monday, tariffs on MX/CAD were formally paused.
This week’s example has been much discussed, Monday morning reports surfaced that a 90 day pause on tariffs were going to be announced, markets shot up, shortly thereafter, the WH called it fake news, markets began falling again.
Two days later, the WH has formally announced a 90 day pause on tariffs