US President Donald Trump has ruled out any possibility of pausing the sweeping tariffs he has imposed on countries across the world.
This comes after a rollercoaster day on Wall Street that ended with most of the US markets down.
Intense swings were seen on the three main stock market indexes on Monday as economists fear the US president's “Liberation Day” levies could cause a global recession.
However, when asked by reporters asked in the Oval Office on Monday evening whether he would pause tariffs, MTrump said: “We're not looking at that.”
“We can't do it anymore. We can't be the stupid people anymore.”
Trump added that affected countries have been negotiating with his administration, noting that the US government adding government will try and make “fair deals” with each of them.
“We are going to get fair deals with every country and if we don't they are not going to be able to participate with the US,” Trump added.
