Hassett confirmed to host Kristen Welker on Sunday that tariffs on America's largest trading partners—including the European Union , Japan, and South Korea—were

As Trump presses ahead with plans to reorder the global economy with the highest tariff rates since the early 1930s, Switzerland, "stunned" by 39% tariffs, sought more talks, as did India, hit with a 25% rate. The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here.

Canada is unlikely to retaliate after President Trump raised tariffs on some Canadian imports today. The second-largest U.S. trading partner joined China as one of the few countries to hit back at the U.