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

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


US President Donald Trump speaks to the press as he meets with NATO Secretary General Mark Rutte in the Oval Office of the White House in Washington, DC, on March 13, 2025.

Mandel Ngan | Afp | Getty Images

President Donald Trump on Thursday doubled down on his escalating tariff plans, even as his economic agenda continued to rattle investors and contribute to a weekslong stock market sell-off.

“I’m not going to bend at all,” Trump said when asked about his tariff plans during an Oval Office meeting with NATO Secretary General Mark Rutte.

Trump specifically said he would not change his mind about enacting sweeping “reciprocal tariffs” on other countries that put up trade barriers to U.S. goods. The White House has said those tariffs are set to take effect April 2.

Trump’s comments came as major stock indexes continued to tumble Thursday, with the S&P 500 falling 10% from its recent highs and entering correction territory.

Read more CNBC tariffs coverage

This is developing news. Please check back for updates.



Source

Scenes from the White House Correspondents’ Dinner shooting
Politics

Scenes from the White House Correspondents’ Dinner shooting

President Donald Trump and other top U.S. officials were evacuated from an annual White House Correspondents’ Dinner in Washington, D.C., on Saturday after shots rang out soon after the start of the dinner. At least five shots were heard at the event in the Washington Hilton hotel around 8:35 p.m. ET. Trump, who was seated on […]

Read More
Trump hosts crypto contest winners at Mar-a-Lago as his coin languishes
Politics

Trump hosts crypto contest winners at Mar-a-Lago as his coin languishes

Representation of cryptocracy coins with the $Trump meme coin and bitcoin in this photo illustration in Brussels, Belgium, on Feb. 8, 2026. Nurphoto | Nurphoto | Getty Images President Donald Trump hosted winners of his second annual meme coin contest at his Mar-a-Lago club in Palm Beach, Florida, on Saturday, offering top buyers of his […]

Read More
U.S. imposes sanctions on Chinese ‘teapot’ refinery for buying Iranian oil
Politics

U.S. imposes sanctions on Chinese ‘teapot’ refinery for buying Iranian oil

Hengli Petrochemical’s refining, petrochemical complex is seen at Changxing island in Dalian, Liaoning province, China July 16, 2018. Aizhu Chen | Reuters The Trump administration said on Friday it had imposed sanctions on an independent “teapot” refinery in China for buying billions of dollars’ worth of Iranian oil, as Washington and Tehran head into another […]

Read More