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'I'm not going to bend at all': Trump doubles down on tariff plans as stocks sink

16 March 2025
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'I'm not going to bend at all': Trump doubles down on tariff plans as stocks sink
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President Donald Trump reaffirmed his commitment to escalating tariff plans, stating he will not change his mind about imposing reciprocal tariffs on countries with trade barriers, set to take effect on April 2. Despite ongoing stock market sell-offs and criticism from analysts, Trump continued to target countries like Canada and the European Union with new tariff threats in response to retaliatory measures, causing further market instability. However, some countermeasures, such as Ontario’s decision to pause its tariffs on U.S. electricity exports, led Trump to back off from certain threats.

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Tags: 039I039mall039bendBreaking News: EconomyBreaking News: MarketsBreaking News: Politicsbusiness newsDonald J. TrumpDonald TrumpdoublesEconomyElectionsGovernment and politicsmark rutteMarketsPlansPoliticsSinkStock marketsStockstariffTrump
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