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.

Donald Trump has said he will impose new tariffs on goods entering the US from Canada, Mexico and China. The US president said he would put a 25% tariff - or tax on imports - on all goods coming from Canada and Mexico,