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Trump Says Tariff May Cause Short-Term Disruption

Business & Policy
February 1, 2025

(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