Washington DC, April 7 -- US President Donald Trump made sharp remarks towards China as the US has implemented retaliatory tariffs with a goal of bridging the trade deficits with several countries. This has also impacted the stock markets.

Making the remarks on board US Air Force One, Trump said, "We have a tremendous deficit problem with China".

He noted that because of the tariffs implemented by the US, "China is right now taking a big hit, because everyone knows we're (the US) right... we're talking about a trillion dollars. You know that, right? We're not going to lose a trillion dollars for the privilege of buying pencils from China".

Speaking about how the tariffs would affect the stock market, Trump added, "With the tariffs that...