Officials vow to stay course as countries scramble

US President Donald Trump’s advisors defended their tariffs on their imports and vowed to maintain the course despite the demands to avoid market turmoil and trade wars.

In a series of television interviews, Treasury Minister Scott Bessent recently insisted that the mutual tariffs are “approaching” by Howard Lutnick, a stock market waterfall and a managing director.

Bessent said that there is no reason to expect a recession as a result of confusion. “This is a adjustment process,” he said.

Meanwhile, Kevin Hassett, another top advisor, said more than 50 countries have contacted Trump and attempted to negotiate trading.

All three major stock indexes in the United States plummeted more than 5% on Friday and the S & P 500 decreased almost 6%. The worst state in the US stock market since 2020.

In a sign of weakness in the market this week, the Saudi Arabia’s stock exchange, which is traded on Sunday, said that domestic media has been almost 7% lower due to the largest daily loss since its infectious diseases.

LUTNICK said that the challenge of confusion was that the tariffs on all income that the tariffs made a day before the day before the challenge of confusion would be “maintained for a few days and weeks.”

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] He announced it and he was not a joke. ”

BESSENT used NBC’s interview with Meet the Press, saying that Trump has created the maximum leverage and approached the administration for lowering non -jointed trade barriers, lowering tariffs, and interrupting currency manipulation.

Trump’s another economic advisor, Kevin Hassett, repeatedly argued that more than 50 countries expressed their desire to begin negotiations. HASSETT or BESSENT did not provide more details about which country was contacted.

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.

Netana Hu told reporters when he was on a plane for the United States, and after the introduction of a new tariff, he was “the first international leader to meet with Trump.”

He shows their “personal connections and connections between our countries at this time.”

Anti -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.

Trump urged the US to “hard” after the market turmoil, but still remains how the Asian market will react when it is open on Monday.