[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  The Kobeissi Letter [@KobeissiLetter](/creator/twitter/KobeissiLetter) on x 947K followers Created: 2025-04-07 14:59:35 UTC What just happened? At 10:10 AM ET, rumors emerged that the White House was considering a "90-day tariff pause." At 10:15 AM ET, CNBC reported that Trump is considering a 90-day pause on tariffs for ALL countries except for China. By 10:18 AM ET, the S&P XXX had added over +$3 TRILLION in market cap from its low. At 10:25 AM ET, reports emerged that the White House was "unaware" of Trump considering a 90-day pause. At 10:26 AM ET, CNBC reports that the 90-day tariff pause headlines were incorrect. At 10:34 AM ET, the White House officially called the tariff pause headlines "fake news." By 10:40 AM ET, the S&P XXX erased -$2.5 TRILLION of market cap from its high, XX minutes prior. Never in history have we seen something like this.  XXXXXXXXX engagements  **Related Topics** [market cap](/topic/market-cap) [rating agency](/topic/rating-agency) [china](/topic/china) [countries](/topic/countries) [donald trump](/topic/donald-trump) [cnbc](/topic/cnbc) [tariffs](/topic/tariffs) [white house](/topic/white-house) [Post Link](https://x.com/KobeissiLetter/status/1909259768398479839)
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The Kobeissi Letter @KobeissiLetter on x 947K followers
Created: 2025-04-07 14:59:35 UTC
What just happened?
At 10:10 AM ET, rumors emerged that the White House was considering a "90-day tariff pause."
At 10:15 AM ET, CNBC reported that Trump is considering a 90-day pause on tariffs for ALL countries except for China.
By 10:18 AM ET, the S&P XXX had added over +$3 TRILLION in market cap from its low.
At 10:25 AM ET, reports emerged that the White House was "unaware" of Trump considering a 90-day pause.
At 10:26 AM ET, CNBC reports that the 90-day tariff pause headlines were incorrect.
At 10:34 AM ET, the White House officially called the tariff pause headlines "fake news."
By 10:40 AM ET, the S&P XXX erased -$2.5 TRILLION of market cap from its high, XX minutes prior.
Never in history have we seen something like this.
XXXXXXXXX engagements
Related Topics market cap rating agency china countries donald trump cnbc tariffs white house
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