President Donald Trump said tariffs on some goods from Canada and Mexico planned for April 2 “could go up,” and would not predict whether the United States will have a recession in 2025.

In a big warning to Canada and Mexico, US President Donald Trump said tariffs on the United States' North American neighbours "could go up", but stressed that businesses will have clarity on the issue after April 2.

President Trump said that Americans would be better off in the long run from his tariffs, which he said would prevent the country from being “ripped off.”