President Trump said that Americans would be better off in the long run from his tariffs, which he said would prevent the country from being “ripped off.”

"I hate to predict things like that," Trump said when pressed about the possibility of a recession during a recorded interview that aired on "Sunday Morning Futures with Maria Bartiromo."

Trump said tariffs on some goods from Canada and Mexico planned for April 2 “could go up” and would not predict whether the United States will have a recession.