‘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

White House crafting executive order to thwart state AI laws
Politics

White House crafting executive order to thwart state AI laws

U.S. President Donald Trump delivers remarks on artificial intelligence at the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters An executive order that could soon be signed by President Donald Trump would thwart states’ artificial intelligence laws by launching legal challenges and withholding federal funding, according to […]

Read More
Trump to meet with New York Mayor-elect Zohran Mamdani at White House on Friday
Politics

Trump to meet with New York Mayor-elect Zohran Mamdani at White House on Friday

New York City mayoral candidate Zohran Mamdani reacts during a “New York is Not For Sale” rally at Forest Hills Stadium, in the Queens borough of New York City, U.S., October 26, 2025. Eduardo Munoz | Reuters President Donald Trump said on Wednesday night that he will meet with New York City Mayor-elect Zohran Mamdani […]

Read More
House Democrat Cherfilus-McCormick charged with stealing M in Covid aid funds
Politics

House Democrat Cherfilus-McCormick charged with stealing $5M in Covid aid funds

Congresswoman Sheila Cherfilus-McCormick, Fla.-20th, hosts a news conference regarding the ongoing crisis in Haiti on March 11, 2024, in Fort Lauderdale, Florida. South Florida Sun-sentinel | Tribune News Service | Getty Images A federal grand jury charged U.S. Rep. Sheila Cherfilus-McCormick, D-Fla., with stealing $5 million in Covid-19 disaster funds — a chunk of which […]

Read More