President Donald Trump downplayed a stock market selloff that began immediately after he announced 25% tariffs on Mexico and Canada. During an interview that aired Sunday on Fox News, host Maria Bartiromo asked Trump about his admission that there would be economic "disruption" because of his presidency.

President says Americans will be better off in the long run, policies will keep country from being “ripped off.”

Trump’s acknowledgment of economic turbulence was a reversal from previous cheering of his policies, and it contrasted with reassurances from his own advisers Sunday.