Monday 07/Apr/2025 – 05:45 AM
On Sunday, US President Donald Trump reduced the concerns that prevail in the markets due to the new customs duties that he imposed, and compared them to a “treatment” aimed at treating American economy diseases.
At a time when the stock indicators were heading towards a new drop, Trump told journalists on the presidential plane, “Sometimes a treatment must be taken for recovery.
On his way back to Washington after the weekend he spent at his residence in Maralago, Florida, the US President was asked about the decline in financial markets since he announced the imposition of customs duties by at least 10% on all US imports on Wednesday.
Trump, commenting on the fluctuation of markets: The treatment must be taken for recovery
Trump confirmed, according to “France Presse”, that his country has become “much stronger” since the announcement of these measures, considering the decline in the markets was not a deliberate decision on his part. He said he wanted to find a solution to “we have with China and with the European Union and other countries.”
“I do not want to return (in any market), but sometimes a treatment must be taken for recovery,” he added, referring to the American economy’s dependence on imports, stressing that “the only way to solve this problem is customs duties.”
Trump confirmed that he spoke during the weekend “with many Europeans and Asians and with the entire world. All of them strongly want to reach an agreement,” he said.
In response to a question about the possibility of negotiating a customs -free zone with Europe, as his advisor, Elon Musk, suggested, Trump reiterated that “Europe has achieved a fortune behind us and our treated is very badly.”
“They come to the negotiating table. They want to speak, but there will be no discussion until they give us a lot of money on an annual basis.”