Trump says he is 'probably so' going to reduce Canada tariffs
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U.S. President Donald Trump talks to the media, next to Tesla CEO Elon Musk (not pictured), at the White House in Washington, D.C., U.S., March 11, 2025. REUTERS/Kevin Lamarque
WASHINGTON (Reuters) - U.S. 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.
Speaking to reporters at the White House, Trump discussed his decision to hike tariffs on U.S. 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.
(Reporting by Jeff Mason; Writing by Trevor Hunnicutt; Editing by Marguerita Choy)
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