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Trump says he is 'probably so' going to reduce Canada tariffsSpeaking to reporters at the White House, Trump discussed his decision to hike tariffs on US imports, saying that he "had to do this."
Reuters
Last Updated IST
<div class="paragraphs"><p>US President-elect Donald Trump.</p></div>

US President-elect Donald Trump.

Credit: Reuters Photo

Washington: US President Donald Trump said on Tuesday that he is "probably so" going to reduce the recently increased tariffs on Canada after Ontario suspended a surcharge on electricity exports to the United States.

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Speaking to reporters at the White House, Trump discussed his decision to hike tariffs on US imports, saying that he "had to do this."

He also said that markets are going to swing up and down over time, dismissing concerns that led to a sell-off. He said the tariffs were needed in order to get American jobs back and factories open.

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(Published 12 March 2025, 06:13 IST)