Speaking to reporters aboard Air Force One on Sunday, President Trump said sometimes you have to take medicine when asked about the market's recent sell-off, according to Reuters.
The president added that his policies were not intentionally trying to engineering a market sell-off.
Trump's comments come as markets appeared set to begin the week where they left off Friday, with US stock futures down sharply across the board with Nasdaq 100 futures off more than 4% and futures tied to the Dow and S&P 500 both off more than 3.4%.
Last week, the Nasdaq closed in a bear market and the S&P 500's losses reached 17% from the benchmark index's record high hit back in February.
This weekend, Trump's economic surrogates attempted to make clear in media appearances that the president's shock tariff announcements last week were not a negotiation tactic.
Speaking Sunday evening, the president said no deal on tariffs with China would be forthcoming unless the US' trade deficit with China was fixed. The US' trade deficit with China reached $295 billion last year.
Trump added that he has spoken to leaders in Europe and Asia regarding his tariffs unveiled last week.
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