President Donald 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 in 2025.

New 25% trade tariffs on goods from Canada and Mexico went into effect early Tuesday after President Donald Trump declined to extend a 30-day pause in a move the president says aims to quell the flow of illegal drugs like fentanyl into the U.S. The new assessments also include a 10% tariff on Canadian energy products.