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Trump defends tariffs after stock market turmoil | BBC News

The News Trenders

23 Aug, 2025

US President Donald Trump has defended sweeping tariffs on imports that have sent shockwaves through global stock markets.

Asian stocks plunged on Monday to levels not seen in decades, as European markets in the UK and Germany also saw big falls on opening.

Trump said “sometimes you have to take medicine to fix something” as his top officials stressed that the tariffs would be implemented as planned.

US banking giant JP Morgan has predicted a 60% chance of a US and global recession following the president’s tariffs announcement.

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For more news, analysis and features visit: www.bbc.com/news

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