Donald Trump Defends Tariff Plans Amid Market Crash: “Sometimes You Have to Take Medicine”

Despite $6 trillion wiped off U.S. markets, Trump stands firm on aggressive tariffs, blames Biden-era policies and claims “the country is stronger.”

April 7, 2025: US President Donald Trump has brushed aside concerns about the plunging stock markets, asserting that his tariff strategy is essential to fixing long-standing trade imbalances — even if it means taking some painful short-term hits.

Also Read: D-Street Weekly Outlook: Nifty Under Pressure, Sell-on-Rise Strategy Advised Amid Trade War Fears

Speaking to reporters aboard Air Force One on his return from a golfing weekend in Florida, Trump said,

“Sometimes you have to take medicine to fix something.”

💼 Markets Rattle, Trump Stays Resolute

Trump’s proposed reciprocal tariffs, including a 34% duty on Chinese imports, have led to a global financial shake-up, with $6 trillion wiped off American stocks in recent days.

Also Read: Grim Outlook: Wall Street Biggies Turns on Trump as Tariff Shock Triggers Global Market Meltdown:

Despite the fallout, the President showed no intention of backing down, blaming past leadership for the current trade scenario:

“We have been treated so badly by other countries because we had stupid leadership that allowed this to happen,” Trump said, targeting the Biden-era policies.

He further claimed that world leaders are desperate for negotiations, stating,

“They are dying to make a deal.”

🗣️ Officials Echo Tough Stance

Top members of Trump’s economic team supported the President’s stance:

Also Read: “He’s a Lunatic”: Massive ‘Hands Off’ Protests Erupt Against Trump Across US, Europe

Commerce Secretary Howard Lutnick told CBS, “The tariffs are coming. He wasn’t kidding.”
Treasury Secretary Scott Bessent added that over 50 countries have reached out to the administration, but emphasized:

“After decades of bad behavior, this isn’t something we can fix overnight.”

📉 Investor Panic and Recession Fears

Markets have responded with sharp declines, and many analysts are warning of a possible recession if Trump doesn’t revise his tariff strategy.

However, the Trump administration has downplayed fears, insisting the US is in a stronger position to withstand the pressure than ever before.

“What’s going to happen to the markets, I can’t tell you. But our country is much stronger,” Trump reiterated.

As the global economy watches closely, Trump’s unwavering approach signals a new chapter of economic nationalism, one that could redefine global trade dynamics — or push the US closer to a financial precipice.

Tags:
Donald Trump, Trump tariffs, US markets crash, global economy, trade war, US-China trade, stock market turmoil, Trump 2025, Biden administration, recession fears, Air Force One, tariff policy, Howard Lutnick, Scott Bessent, economic crisis

Misha Bhatia