Trump reveals his bold response to world leaders who BEGGED for tariff trade deal… as he gives chilling warning to China

By EMILY GOODIN, SENIOR U.S. POLITICAL REPORTER, ABOARD AIR FORCE ONE and MELISSA KOENIG FOR DAILYMAIL.COM

Published: 01:11 BST, 7 April 2025 | Updated: 01:32 BST, 7 April 2025

President Donald Trump responded to world leaders who begged him for a trade deal over the weekend as his lofty tariffs take effect.

The president told reporters onboard Air Force One that he has spoken to European and Asian leaders since his worldwide tariffs went into effect – devastating the world’s stock markets. 

‘They’re dying to make a deal,’ Trump claimed as he revealed his conditions for any such agreements.

‘But I said we’re not going to have deficits with your country. We’re not going to do that because, to me, a deficit is a loss.

‘We’re going to have surpluses, or we’re, at worst, going to be breaking even,’ the president vowed.

Trump then went on to issue a warning to China, which he declared ‘would be the worst in the group because the deficit is so big and [it] would have been unsustainable.’

The commander-in-chief also shared a similar message on his Truth Social platform Sunday night.

 ‘We have massive Financial Deficits with China, the European Union and many others,’ he declared. ‘The only way this problem can be cured is with TARIFFS, which are now bringing Tens of Billions of Dollars into the USA.’

President Donald Trump responded on Sunday to world leaders who begged him for a trade deal over the weekend as his lofty tariffs take effect

The president told reporters onboard Air Force One that he has spoken to European and Asian leaders since his worldwide tariffs went into effect

He shared a similar message on his Truth Social page Sunday night

‘They are already in effect and a beautiful thing to behold,’ he claimed.

‘The Surplus with these countries has grown during the “presidency” of Sleepy Joe Biden. We are going to reverse it and reverse it QUICKLY.’

‘Some day people will realize that Tariffs, for the United State of America, are a very beautiful thing.’

But his remarks came amid growing fears that Wall Street could see a second Black Monday – potentially making last week’s sell-off sparked by the tariffs look small by comparison.

Stock futures — a reliable indicator of how the market will open — plunged again on Sunday night. It is a sign that last week’s market turmoil is far from over.

This follows the worst two-day wipeout in US stock market history on Thursday and Friday — with $6.6 trillion wiped off the value companies.

A stock market rout does not just affect the big US companies. Most Americans have their retirement savings in the form of 401(K)s or IRAs linked to shares. 

Futures for the three main indices  —the S&P 500, the Nasdaq, and the Dow — were all down between 4.2 and 6 percent at 7.20pm, after an hour and 20 minutes of trading. Traders fear tariffs will cause a global recession.

Each had already dropped at least 10 percent In the two days following Trump’s Wednesday announcement of sweeping tariffs on nearly 90 countries.

Americans around the country took to the streets over the weekend to protest the tariffs

A protester is seen with a sign commenting on the tariffs imposed on Heard Island and McDonald Islands in Hollywood, Florida

As the tariffs took effect, stock markets around the world plummeted

Amid the uncertainty, Americans across the country took to the streets over the weekend to protest Trump’s actions. 

Meanwhile, more than 50 world leaders have heeded financier Bill Ackman’s advice and reached out to the president to negotiate.

Trump unveiled his tariffs on countries across the world on Thursday

President Trump slapped 34 percent tariffs on all Chinese imports

 This is a breaking news story and will be updated.

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Trump reveals his bold response to world leaders who BEGGED for tariff trade deal… as he gives chilling warning to China

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