Trump says no pause coming in tariffs after markets plummet – National [Video]

After global stock markets took another severe tumble on Monday, U.S. President Donald Trump said his administration was “not looking at” a pause in tariffs even as fears over those duties might lead to a global economic slowdown.

“We’re not looking at that, we have many, many countries that are coming to negotiate deals with us and they’re going to be fair deals, and in certain cases they’re going to be paying substantial tariffs, they’ll be fair deals,” Trump told reporters in the Oval Office.

Asked about comments by his administration suggesting negotiations were possible, while some officials have said the tariffs could be permanent, Trump said both “can both be true.”

“There could be permanent tariffs and there can also be negotiations because there are things we need beyond tariffs,” he said.

Trump went on to say some of those things were “open borders” with countries like China for better …