As panicked investors expand and sell out in large quantities, the U.S. president compared tariffs to “medical”.

US President Donald Trump for his High tariffsThese measures are compared to “medical” as panicked investors continue to sell global stocks in large quantities.

“I don’t want to fall, but sometimes you have to take medication to fix some problems,” Trump told reporters on Sunday’s Air Force One.

“We treat other countries so badly because we have stupid leadership to achieve that. They take our business, they take our money, they get the job.”

Trump digs out what he calls “reciprocal tariffs,” he said he won’t back down unless other countries have a trade balance with the United States.

The US President says he has already Many foreign leaders On the weekend, they are “hungry to reach an agreement.”

“I said, ‘We are not going to have a deficit with your country,'” Trump said.

“We won’t do that because for me, the deficit is a loss. We’ll have a surplus, or in the worst case, even break.”

Trump’s comments are worried as global stocks continue to decline Global Trade War and economic downturn.

Taiwan’s benchmark accessories and Hong Kong’s Hang Seng fell about 10% on Monday, while Japan’s Nikkei 225 invested nearly 9%.

In Singapore, the Straits Era index fell by more than 7%.

Kospi in South Korea fell by more than 5%, while ASX 200 in Australia fell by about 6%.

When Wall Street reopened, U.S. stocks lost in a two-day rout last week, which would make further huge losses.

Futures related to the benchmark S&P500 fell 2.70% on Sunday, while futures related to the technology-heavy Nasdaq-100 fell 3.55%.

The U.S. began imposing a benchmark tariff of 10% on imports on Sunday, with an emergency rate of between 11% and 50%, which will take effect on Wednesday.

China, the U.S.’s main strategic competitor and its third largest trading partner, faces 34% tariffs.

Beijing announced last week The raft of countermeasuresincluding 34% tariffs on all U.S. imports and restrictions on exports of certain key minerals.

Amidst the turmoil, analysts have significantly increased the chances of the United States entering a recession over the next 12 months.

JPMorgan raised the likelihood of a U.S. recession to 60% last week, while the S&P globally increased the likelihood of a 30% to 35% to between 30% and 35%.

Despite the chaos in the market, Trump administration officials have reduced the risk of an economic downturn.

U.S. Treasury Secretary Scott Bessent told NBC media on Sunday.

“What we are focusing on is building a long-term booming economic foundation, and I think the last government has brought us into a financial disaster.”