President Donald Trump is dismissing business concerns over the uncertainty caused by his planned tariffs on a range of American trading partners and the prospect of higher prices, and isn’t ruling out the possibility of a recession this year.

After imposing and then quickly pausing 25% tariffs on imports from Mexico and Canada that sent markets tumbling over concerns of a trade war, Trump said Sunday his plans for broader “reciprocal” tariffs will go into effect April 2.

“What they charge us, we charge them,” he said in a taped interview with Fox News Channel’s “Sunday Morning Futures.”

Asked about the Atlanta Fed’s warning of an economic contraction in the first quarter of the year, Trump seemingly acknowledged that his plans could affect U.S. growth. Still, he claimed, it would ultimately be “great for us.”

When questioned whether he was expecting a recession in 2025, Trump responded: “I hate to predict things like that. There is a period of transition because what we’re doing is very big. We’re bringing wealth back to America. That’s a big thing.” He then added, “It takes a little time. It takes a little time.”

Here are more Trump administration headlines from Sunday:

Secret Service shooting:An armed man believed to be traveling from Indiana was shot by U.S. Secret Service agents near the White House after a confrontation early Sunday, according to authorities. No one else was injured in the shooting that happened around midnight, according to a Secret Service statement. Trump was in Florida at the time of the shooting.

New immigration leaders: Homeland Security Secretary Kristi Noem on Sunday announced new leadership at the agency tasked with immigration enforcement as she also pledged to step up lie detector tests on employees to identify those who may be leaking information about operations to the media. See Page 8

Air Force intercepts aircraft: Air Force fighter jets intercepted a civilian aircraft in the temporarily restricted airspace near Trump’s Florida home Sunday, bringing the number of violations to more than 20 since the president took office on Jan. 20.

Iran open to talks: After Trump sent a letter to Iran’s Supreme Leader Ali Khamenei seeking a new deal with Tehran to restrain its rapidly advancing nuclear program, Iran said Sunday it would consider negotiations with the United States if the talks were confined to concerns about the militarization of its nuclear program.

— From The Associated Press and Sinclair National Desk reports