By Gareth Vipers
Secretary of State Marco Rubio said he was confident markets would recalibrate, as the global selloff that followed the U.S. tariff announcement continued.
"Businesses around the world, including in trade and global trade, they just need to know what the rules are," Rubio said, speaking at a meeting of NATO foreign ministers in Brussels on Friday. "Once they know what the rules are, they will adjust to those rules."
"I don't think it's fair to say economies are crashing," he added. "Markets are crashing because markets are based on the stock value of companies who today are embedded in modes of production that are bad for the United States."
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(END) Dow Jones Newswires
April 04, 2025 08:09 ET (12:09 GMT)
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