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    Home»Stock Market»Trump tariffs latest: Asian markets plunge after US tariffs as Trump calls them ‘medicine’
    Stock Market

    Trump tariffs latest: Asian markets plunge after US tariffs as Trump calls them ‘medicine’

    April 6, 20252 Mins Read


    Trump defends tariffs and says lots of countries are ‘dying to make a deal’published at 01:28 British Summer Time

    01:28 BST

    Bernd Debusmann Jr
    With press pack on Air Force One

    U.S. President Donald Trump looks on as he talks to members of the press aboard Air Force OneImage source, Reuters

    I just touched down at Joint Base Andrews in Washington DC after an eventful flight on Air Force One in which President Trump made a sudden visit to the press section of the cabin.

    Over the course of about 16 minutes, Trump answered questions on a wide variety of topics, including immigration, Benjamin Netanyahu’s visit and the war in Ukraine.

    The bulk of the questions, however, revolved around tariffs and market reaction to them.

    He repeatedly defended his tariffs and said that any adjustment would be temporary.

    “The whole thing is crazy, and I got elected on that basis,” he said.

    In particular, he took aim at China, saying that the U.S. must solve its trade deficit with the country.

    “Unless we solve that problem, I’m not going to make a deal,” he said. “I’m willing to make a deal but they have to solve their surplus. China is taking a big hit because everyone knows we’re right.”

    According to Trump, he has spoken to “a lot of Europeans and Asians” who are “dying to make a deal”.

    “What’s going to happen to the markets, I can’t tell you,” he said. “But our country is much stronger.”

    At one point, he reacted extremely angrily to a reporter’s question on the US “pain threshold” as global markets take a hit.

    “I think your question is so stupid,” he told the reporter. I don’t want anything to go down. But sometimes you have to take medicine to fix something.”



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