> Trump says tariffs could go up on Mexico and Canada
Trump says tariffs could go up on Mexico and Canada
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President Donald Trump is dismissing business concerns over the uncertainty caused by his planned tariffs on a range of American trading partners and the prospect of higher prices, and isn't ruling out the possibility of a recession this year.
After imposing and then quickly pausing 25% tariffs on imports from Mexico and Canada that sent markets tumbling over concerns of a trade war, Trump said his plans for broader “reciprocal” tariffs will go into effect April 2, raising them to match what other countries assess.
MORE: https://www.wthr.com/article/news/national/trump-downplays-business-concerns-tariffs-higher-prices/507-7254c566-8d38-4646-91e7-8aca1b0228aa