ReutersUS President Donald Trump defended the tariffs on imports that sent shock waves through the global stock market, saying, “Sometimes you have to take medicine to fix something.”
He told reporters who boarded the Air Force 1 late on Sunday and said that jobs and investments would return to the United States and be “rich as before.”
Trump’s chief officials stressed that the tariffs announced last week will be implemented as planned.
A few hours after Trump’s opinion, the stock market plummeted in Asia early Monday, Japan’s Nikkei 225 decreased 6.3%, while Hong Kong’s HANG SENG lost 9.8%.
On Friday, all three major stock indexes in the United States fell by more than 5%, while the S & P 500 decreased almost 6%. The worst state in the US stock market since 2020.
Saudi Arabia’s securities exchanges, which are traded on Sundays, have declined almost 7% of the infectious diseases, and the state -owned media said.
Bank Giant JP Morgan predicted 60% of the US and global recession, with Trump’s tariffs.
ReutersTrump said on a plane returning to Washington, DC, saying that Europe and Asian countries are “dying for transactions.”
He also opposed the reporter’s investigation into US consumers’ “pain critical values” as the fear of a steep price increase and the market recession increased.
“I think your question is too stupid,” he said to the reporter. “I don’t want to go down. But sometimes I have to take medicine to fix something.”
In a series of TV interviews early Sunday, Trump’s top officials also fell in recent years.
Scott Bessent Finance Minister said NBC met with a media program and said, “There is no reason to expect a recession.” “This is a coordination process,” he added.
Bessent also argued that Trump has created the maximum leverage, and more than 50 countries have approached the administration for lowering non -trade barriers, lowering tariffs and stopping currency manual operation.
On the other hand, Howard Rutnick, head of the CBS News, told CBS News that it would be maintained for a few days and weeks, “10% of the basis for all imports that were fermented a day ago.”
Lutnick said that steep mutual tariffs are still on track.
More customized tariffs in about 60 countries, called “worst criminals,” will take effect on Wednesday, April 9th.
When asked about this tariff, Lutnik said they were coming. “(Trump) announced it and it was not a joke,” he said.
Lutnick also defended the tariffs imposed. Two small Antarctic systems Filled only by penguins, he said that a country like China closes “loopholes” for “shipping.”
In other places, Indonesia and Taiwan said that during the weekend, the United States would not impose retaliation tariffs after 32%of the two countries’ imports.
According to a letter from the news agency AFP and the New York Times, Vietnamese leader LAM asked Trump to delay a 46%obligation to Vietnam exports to “at least 45 days.”
But China announced on Friday 34% tariffs are charged All US imports that begin on Thursday, April 10.
British Prime Minister Keir Starmer warned on Saturday that “the world we knew was gone.”
Starmer said the British government will continue to pursue economic transactions with the United States, which avoids some tariffs.
Downing Street spokesman Starmer and New Canadian Prime Minister Mark Carney agreed on the phone that “no one is profitable.”
On Monday, Israeli, Benjamin Netanyahu, is expected to meet Trump for trade negotiations in Washington DC.
Netanyahu told reporters that he would be the first international leader to meet Trump after talking to reporters when he was on the plane for the United States.
He said that it showed their “personal connections and connections between our countries at this time.”
ReutersAnti -Trump protests were held in cities across the United States. On the weekendAt the nation’s largest opposition show since the president took office in January.
Hundreds of thousands of people in Boston, Chicago, Los Angeles, New York, and Washington DC cited Trump’s dissatisfaction with the protesters from society to economic problems among other cities.
