President Donald Trump’s severe tariffs against virtually all U.S. trading partners continued to roil world markets on Monday.
Asked if he would be open to pausing the tariffs to allow for negotiations, Trump responded, “We’re not looking at that.” Trump said the U.S. has “many, many, countries that are coming to negotiate deals with us.”
Earlier Monday, Trump threatened to veto a bipartisan bill introduced in the Senate last week that would require congressional approval of any tariffs the president would seek to impose. He also threatened to impose additional tariffs on China for retaliatory measures it took after Trump announced his plans last week.
A senior White House official told ABC News that this would be in addition to the 34% reciprocal tariff Trump announced last week and the 20% already in place, making for a potential total of 104%
