United States President Donald Trump’s steep tariffs on nearly all countries have sent many world leaders scrambling to forge a deal to bring down duties. Asian markets felt the sting of the American president’s sky-high import taxes on Monday (April 7) after Trump indicated he would not back down.
Asian stocks plunged as the US president compared his sweeping tariffs announced last week to “medicine”. “I don’t want anything to go down. But sometimes you have to take medicine to fix something,” he told reporters aboard Air Force One while returning from a weekend in Florida.
White House economic adviser Kevin Hassett told ABC News yesterday, “More than 50 countries…