US president likens tariffs to ‘medicine’ as panicked investors extend massive sell-off.

Author: Al Jazeera
Published on: 07/04/2025 | 00:00:00

AI Summary:
United States President Donald Trump brushed off market turmoil caused by tariffs. “I don’t want anything to go down but, sometimes, you have to take medicine to fix something,” Trump told reporters on board Air Force One. Global stocks continue to plummet amid fears of a global trade war and economic downturn. China, the US’s main strategic rival and its third-largest trading partner, is facing a 34 percent tariff.

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