Odaily Planet Daily News According to CNBC, the U.S. stock market suffered a third consecutive day of heavy losses on Monday. Trump imposed shockingly high tariffs on most of the United States' major trading partners, causing the market to collapse, but the White House remained indifferent. Shortly after the opening, the stock market rebounded briefly, and the Dow Jones Industrial Average entered a rising range. Speculation about some form of tariff suspension circulated on the trading floor and social media, which may have been one of the reasons for the stock market's temporary turn for the better. The White House told CNBC that any talk of a 90-day suspension (of tariffs) was "fake news." (Jinshi)