New Delhi, April 8 -- US President Donald Trump on Monday (April 7) ruled out a pause in his tariffs, even as global markets reeled from escalating trade tensions. Speaking during a meeting with Israeli Prime Minister Benjamin Netanyahu in the Oval Office, Trump said, "We're not looking at that," when asked if he was considering a pause on implementing further tariffs.

Trump defended his aggressive trade policy, calling tariffs "very important" to his economic agenda and insisting they would remain in place. "Tariffs will make this country very rich," he claimed. He added that while tariffs would stay, he was open to "fair deal and good deals with every country."

"There can be permanent tariffs and there can also be negotiations because...