Donald Trump defended his sweeping tariffs on global imports, calling them a “beautiful thing” amid deepening fears of recession and market chaos. The US president imposed new duties on over 57 trading partners, citing ballooning trade deficits. His remarks come as global stocks plummet and major economies respond with retaliatory measures. Despite warnings from economists and central bankers, Trump doubled down, claiming the tariffs would supercharge the US economy and force a reset of global trade rules in America’s favour.Read More
Tariffs are ‘very beautiful,’ says Donald Trump, even as global markets spiral
