US President Donald Trump said tariffs on the United States’ North American neighbours \”could go up\” But he stressed that businesses will have clarity on the issue after April 2, when his reciprocal taxes are set to be put in place. Trump was also asked if the U.S. will have a recession in 2025, which he refused to predict. The American President said he would \”love\” to cut defense spending, but will not do so \”now\” He also said more business and production should be done on American soil, adding: \”Build it here, there’s no tariff\” The interview aired on Fox News’ \”Sunday Morning Futures With Maria Bartiromo,\” on Sunday, March 25. Follow NDTV.com on Facebook and Twitter for all the latest news from India and around the world, and follow us on Twitter and Facebook for the latest updates on India and the rest of the world. Follow us on Instagram and Twitter @n Direct and @N Direct and like us on Facebook for latest updates.