Trump: Will not stop tariff policy but willing to negotiate.

President Trump said he is not considering suspending plans to impose additional tariffs on dozens of countries, despite efforts from trade partners to show goodwill in order to avoid the tariffs. However, he stated that he might be willing to engage in some negotiations. Trump emphasized that tariffs are "very important" to his economic agenda and will continue to be so, while also keeping the door open for "fair and good deals" with every country. He added, "We can go the route of tariffs or negotiations because besides tariffs, we need other things." Before Trump's comments, his senior officials had sent conflicting messages regarding the government's willingness to negotiate with trade partners. This uncertainty has heightened volatility in the global market and left foreign leaders frustrated with Trump's eagerness to strike deals with the United States. During a meeting with Israeli Prime Minister Benjamin Netanyahu in the Oval Office on Monday, Trump said, "We didn't talk about that." Netanyahu expressed that his country is working to eliminate trade barriers and deficits with the United States. He told reporters, "We will reduce our trade deficit with the United States. We intend to do this as soon as possible. We think its the right thing to do. We will also remove trade barriers." However, Trump made it clear that even this would not be enough to reduce tariffs on this long-term American ally, highlighting the difficulty in predicting Trump's intentions. When directly asked if tariffs could be lowered if other countries reduced theirs to below 10%, Trump avoided the question and emphasized the benefits he sees in imposing tariffs. Trump said, "Tariffs will make this country very rich." Since Trump announced last week the imposition of a series of new tariffs on other countries, Netanyahu is the first foreign leader to visit the White House. These tariffs have caused turmoil in global markets and raised concerns about economic recession. Trump's wavering actions towards one of his closest political allies reflect the confusion in his approach that perplexes the market, as well as the difficulties faced even by one of America's staunchest partners. Trump did acknowledge that some countries would face significant challenges in removing tariffs. Earlier that day, Trump held cabinet-level trade talks with Japanese Prime Minister Shinzo Abe and criticized Japan's barriers to the American Shenzhen Agricultural Power Group. Netanyahu's visit and his ability to make a deal with Trump are closely watched by other American trade partners, hoping these agreements could serve as a template for other countries. Netanyahu optimistically stated that Israel could become a model for how to handle trade disputes. Trump has set high standards for any deal, indicating last week he is open to reducing tariffs in exchange for "amazing" offers, and on Sunday, he claimed that other countries need to eliminate bilateral trade deficits and non-tariff barriers. When asked about the EU's proposal to reduce tariffs on cars and industrial products to zero, Trump said concessions were not enough and reiterated his concerns about the U.S. trade deficit with the EU. He said, "The EU has been very tough for many years. I've said it from the beginning, it was set up to hurt the United States on trade. That's why it was formed. They formed together a bit of a monopoly situation, a unified force, against the United States on trade. We have a $350 billion deficit with the EU, and that will disappear very quickly." The meeting between Trump and Netanyahu marked the end of a tumultuous day, with the U.S. stock market experiencing significant volatility in response to a series of headlines related to Trump's trade policies. Despite closing slightly down, the U.S. stock market recovered from a 4% drop earlier in the day, rising over 3%. A misreport about Trump considering suspending tariffs added to the confusion, prompting the White House to deny the claim.