Washington DC, April 10 -- Amid the tumbling stock market in the US, following the White House clarification of tariffs on China to be at least 145 per cent and an earlier announcement of a 90-day pause on tariffs for over 75 countries, US President Donald Trump addressed the challenges associated with his tariff policy, stating that there would be "transition problems".

During a cabinet meeting on Thursday (local time), Trump stated, "There will always be transition problems" with his trade policies with pausing certain tariffs but expressed pride in achieving "the biggest day in history" for markets on Wednesday.

Trump further remarked on the ongoing trade negotiations, noting the lack of time to discuss the deal with other nations. H...