Trump digs on tariffs because the global stock market is moving to freedom Economy

The US president respect the tariffs in “medicine” as panic investors who expand huge sales.

The President of the United States Donald Trump broke out market discomfort caused by his wiping tariffsAccording to the measures of “drugs”, because panic investors continued with mass sales of global shares.

“I don’t want to go down, but sometimes you have to take the medicine to fix something,” Trump told reporters on Sunday.

“We stayed so badly because of other countries because we had a stupid leadership that allowed that to happen. They took the job, they took us money, they took us a job.”

Digging at his so-called

US president said he was talking to Many foreign leaders Over the weekend who “died to arrange”.

“I said,” We won’t have deficits with your country, “Trump said.

“We will not do it, because we, the deficit is a loss. We will have surpluses or, in the worst case, even violating.”

Trump comments came as global stock continued to fall in the middle of fear of a Global Trade War and economic crash.

Taiwanese Benchmark Taiex and Hong Kong’s Hange Seng fell about 10 percent on Monday on Monday, while Japanese Nikkei 225 decided almost 9 percent.

In Singapore, the Straits Times Index collapsed more than 7 percent.

The Southern Kospa Kospa fell more than 5 percent, while Australia ASX 200 fell about 6 percent.

American stocks were placed for further steep losses when Wall Street reopened, after a two-day holes last week that deleted more than 6 trillion in market value.

Futures related to the reference reference version of the S & P500 on Sunday decreased 2.70 percent, while those related to Tech-Heavy Nasdaq-100 reduced 3.55 percent.

The United States has begun to impose a basic tariff of 10 percent on imports on Sunday, with steeper duties between 11 percent, and 50 percent set into effect on Wednesday.

Councils are placed in order to hit American rivals and allies.

Retaliostic measures

China, the United States main strategic rival and the third largest trading partner faces 34 percent tariff, while the European Union, Japan and South Korea are thrown from the tariffs between 20 percent and 26 percent.

China announced a Countermeasure raftIncluding 34 percent of the tariff on all American imports and the limits of exports of some critical minerals, while the EU is preparing a list of US imports in order to more duties.

Some other American trade partners, including the United Kingdom, Australia, Indonesia and Taiwan, for now excluded the measures of subtitle-for-tat.

In the middle of the turmoil, analysts raised sharply for the US entering the recession in the next 12 months.

JPMorgan increased the probability of the American recession last week at 60 percent, while S & P global placed the probability between 30 and 35 percent.

Trump administration officials played the risk of economic falls despite the Chaos market.

“It doesn’t have to be a recession … who knows how the market will react in a day, in a week,” American Secretary of the Treasury Scott Bessent said that the NBC encounters the press on Sunday.

“What we look builds the long-term economic basis for prosperity I think the previous government has put us on a course according to the financial accident.”