Trump stands firm on tariffs, calls them ‘medicine’ as markets across world crumble

Trump Tariffs Latest Update: United States President Donald Trump has said he will not back down from his decision to impose new tariffs on imports, unless other countries agree to make trade with the US more balanced. The move has shaken global financial markets and sparked fears of a recession. Speaking to reporters on Air Force One, Trump compared the tariffs to "medicine"—something unpleasant but necessary to fix problems. He said he doesn't want markets to fall but isn’t worried about short-term losses either.

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