Trump downplays business concerns about uncertainty from his tariffs and prospect of higher prices

WEST PALM BEACH, Fla. (AP) -- President Donald Trump is dismissing business concerns over the uncertainty caused by his planned tariffs on a range of American trading partners and the prospect of higher prices. And he's not ruling out the possibility of a recession this year. After imposing and then quickly pausing 25% tariffs on imports from Mexico and Canada, Trump says his plans for broader "reciprocal" tariffs will go into effect April 2, raising them to match what other countries assess. In an interview with Fox News Channel's "Sunday Morning Futures," he seems to acknowledge that his plans could affect U.S. growth. He said: "There is a period of transition because what we're doing is very big."