U.S. President Donald Trump recently signed an executive order on so-called reciprocal tariffs, imposing high tariffs on major economies around the world, which has aggravated the turmoil in global financial markets. The New York Times reported on Sunday (April 6) that despite the fact that the tariffs have caused the collapse of U.S. stocks, Trump defended his actions in an interview with the media on board Air Force One, comparing the tariffs to a "cure" for the U.S. economy, saying, "I don't want the market to go down, but sometimes things have to be solved by taking a pill."
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