Trump doubles on the prices while stocks flow: “ will not bend over ''

US President Donald Trump speaks to the press as he meets NATO secretary general, Mark Rutte, in the White House oval office in Washington, DC, March 13, 2025.

Mandel and | AFP | Getty images

President Donald Trump doubled his climbing rate plans on Thursday, even if his economic program continued to shake investors and contribute to a longtime stock market sale.

“I'm not going to fold at all,” said Trump when he asked him about his pricing plans at a meeting of the Oval Office with NATO Secretary General Mark Rutte.

“We have been scammed for years, and we are not going to be scammed,” he said.

Trump specifically declared that he would not change any minds on the promulgation of “reciprocal prices” of scan on other countries that set up business obstacles to American goods. The White House said these prices should take effect on April 2.

He then distinguished Canada, criticizing the best trading partner at length and declaring: “We have nothing to do”, while repeating his calls to transform the neighbor of the North American into “51st state”.

Trump added: “There will be a little disturbance, but it will not be very long.”

Trump's comments came while the main stock market indices continued to tumble on Thursday, the S&P 500 falling by 10% of its recent summits and entering the correction territory.

Many analysts and business leaders have warned that Trump's prices and its unpredictable use of them felt chaos on the markets.

But Trump continued to issue new pricing threats this week, while trying to retaliate in countries that retaliated against his actions.

After new American prices on steel and aluminum imports entered into force on Wednesday, the European Union responded by announcing a plan aimed at imposing a 50% price on imports of American whiskey and other American products.

Trump was unleashed on Thursday morning, declaring that he would take 200% of EU alcohol exports, including all French wines and champagnes, unless the block drops his counter-measure.

Earlier in the week, Trump threatened to double his prices on steel and aluminum from Canada, starting on Wednesday, in response to the Ontario reprisal decision, a decision to reprisal from Ontario has 25% electricity exports to the United States

Ontario Prime Minister Doug Ford interrupted his counter-measure a few hours later, and Trump fell off.

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