Trump digs in on tariffs as global stock markets go into freefall | Economy

US president likens tariffs to ‘medicine’ as panicked investors extend massive sell-off.

United States President Donald Trump has brushed off the market turmoil caused by his sweeping tariffs, likening the measures to “medicine” as panicked investors continued a massive sell-off of global stocks.

“I don’t want anything to go down but, sometimes, you have to take medicine to fix something,” Trump told reporters on board Air Force One on Sunday.

“We have been treated so badly by…