False Tweet on Trump Tariffs Causes Stock Market Turmoil

False Tweet on Trump Tariffs Causes Stock Market Turmoil
A false tweet from the Walter Bloomberg account on X incorrectly claimed that President Trump was considering a 90-day pause on tariffs, sparking chaos on Wall Street. Despite the account's reputation for reliable news, the tweet led to significant volatility in index funds like the Dow Jones. The White House quickly denied the report, clarifying that no such statements were made. The erroneous information originated from miscommunication between CNBC and Reuters, which both retracted their reports. Walter Bloomberg has not yet responded to inquiries regarding this incident.