PANews reported on April 7 that according to the financial website Forexlive, there were some major market moves due to the headlines about what Hassett, the director of the National Economic Council of the United States, said. The report said, "US President Trump is considering suspending tariffs on some countries for 90 days." Within minutes, the news was everywhere, but it looked like fake news. People quoted CNBC because they talked about the rumor, but they didn't report it. Some people said it was ABC News, but it also looked fake. The huge buying in the US stock market was reversed.