President Donald Trump stood firm to his reciprocal tariff rollout Monday, even after his new policies led to more than $6 trillion in stock market losses.
The NASDAQ fell into a bear market Monday morning, down 24% since last year’s high, with the S&P 500 dropping 20% since February, and the Dow Jones Industrial Average posting back-to-back losses of more than 1,500 points for the first time ever on Thursday and Friday.
A number of top investors, including 2024 Trump supporter Bill Ackman, began publicly pressuring the White House to pause the April 9 tariff implementation date to allow countries to negotiate new trade deals with the United States.
However, Trump declined to entertain such a pause while fielding questions during an Oval Office meeting with Israeli Prime Minister Benjamin Netanyahu.
“We’re not looking at that. We have many, many countries that are…