Trump said tariffs will be the "greatest thing we've ever done as a country."
President Donald Trump is defending his decision to pause some tariffs to Canada and Mexico for another month -- a notable reversal after imposing historic levies on the key U.S. trading partners earlier this week, causing markets to tumble.
On Friday, Trump signed more executive orders at the White House before he convened a first-ever cryptocurrency summit with industry leaders.
Several conservative media personalities, including Ben Shapiro, have called on the president to pardon Derek Chauvin, the former Minneapolis police officer who was convicted of killing George Floyd in 2020.
He was sentenced to 22 and a half years in prison in 2021.
President Donald Trump was asked if he was considering that pardon and responded, "No, I haven't even heard about it."
The U.S. economy is in a "good place" despite "elevated levels of uncertainty" from new policies, including tariffs, Federal Reserve Chair Jerome Powell said in a closely-watched speech on Friday.
Powell reiterated the Federal Reserve does "not need to be in a hurry" to cut interest rates, as it waits for clarity on "significant policy changes" from the Trump administration on trade, immigration, fiscal policy and regulation.
"As we parse the incoming information, we are focused on separating the signal from the noise as the outlook evolves. We do not need to be in a hurry, and are well positioned to wait for greater clarity," Powell said.
-ABC News' Elizabeth Schulze
The Trump administration has canceled $400 million worth of grants and contracts to Columbia University for "the school's continued inaction in the face of persistent harassment of Jewish students," according to the Justice Department, Dept. of Health and Human Services, the Department of Education and the GSA.
The administration said that on March 3 the Joint Task Force to Combat Anti-Semitism, which is comprised of DOJ, HHS, Ed and GSA components, notified Columbia's administration that "that it would conduct a comprehensive review of the university's federal contracts and grants in light of ongoing investigations under Title VI of the Civil Rights Act," according to a press release from the agencies.
The university didn't immediately comment.
-ABC News' Luke Barr
President Donald Trump was asked if Russian President Vladimir Putin is taking advantage of America's pause on intel and military aid to Ukraine following its attacks on Friday morning.
"I think he's doing what anyone else would do. I think he's hitting them harder. He wants to get it ended," he responded.
Earlier in the day, Trump threatened Russia with sanctions and tariffs.
