WH Economic Adviser Hassett: Trump is considering a 90-day pause in tariffs for all except China

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WH Economic Adviser Hassett: Trump is considering a 90-day pause in tariffs for all except China National Economic Council Director Kevin Hassett indicated to CNBC on Monday that President Trump is contemplating a 90-day suspension of tariffs for all nations excluding China, according to Reuters. These remarks appear to be contributing to a recovery in risk sentiment. The Nasdaq Composite, after opening lower, was last observed trading neutrally. Concurrently, the S&P 500 and Dow Jones Industrial Average were down 0.3% and 0.85%, respectively. The U.S. Dollar has exhibited limited gains in response to this news, with the USD Index currently up 0.2% at 103.10.

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