US President Donald Trump said he does not intend to suspend the reciprocal tariffs announced last week despite international objections.

Trump spoke about the efforts of many countries to negotiate deals with his country. He gave China until the end of Tuesday to cancel its countermeasures before imposing additional tariffs on it.

In remarks last night from the White House, Trump said, "Many countries will come to negotiate with us for fair deals, and in some cases, they will pay high tariffs."

He added, "I spoke this morning (Monday) with the Prime Minister of Japan and told him one thing: you must open your country to our products as we have not sold any cars in Japan while you have exported millions of them to our country."

In his remarks, Trump said, "As for China, they have imposed additional tariffs on us of 34%. I told them if you do not cancel the new tariffs by Wednesday, we will impose an additional tariff of 50% on Chinese imports," which could raise the total additional US tariffs on Chinese goods this year to 104%.

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