US President says tariffs on Mexico and Canada ‘could go up’ [Video]

US 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 American economy will have a recession this year.

In an interview that aired on Fox News’ Sunday Morning Futures With Maria Bartiromo, Trump said reciprocal tariffs would go into effect on April 2 and the one-month reprieve granted to Mexico and Canada was a “little bit of a break.”

Last month, Trump announced 25 per cent tariffs on the US’ neighbouring countries. Those were delayed for a month and imposed on Tuesday, until Trump decided last Wednesday to pause tariffs on car makers for another month. He again changed course on Thursday, pausing tariffs on Mexican and Canadian goods covered by the USMCA free trade treaty until April.

“It’s a transition into …