Headlines
Trump says tariff may cause short-term disruption
Published by Global Banking and Finance Review
Posted on January 31, 2025
1 min readLast updated: January 26, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on January 31, 2025
1 min readLast updated: January 26, 2026
President Trump admits tariffs could cause short-term consumer disruption but is not worried about financial market reactions.
WASHINGTON (Reuters) - U.S. President Donald Trump on Friday acknowledged that tariff costs are sometimes passed along to consumers, and said his plans to impose tariffs may cause a short-term disruption.
But the Republican president told reporters in the Oval Office that he was not concerned about the reaction of financial markets to his plans to impose tariffs on Feb. 1.
(Reporting by Trevor Hunnicutt, writing by Andrea Shalal)
President Trump acknowledged that tariff costs are sometimes passed along to consumers and that his plans to impose tariffs may cause short-term disruptions.
No, President Trump stated that he was not concerned about the reaction of financial markets to his plans to impose tariffs.
Trump plans to impose the tariffs on February 1.
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