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.

U.S. President Donald Trump’s new tariff rates of up to 41% on U.S. imports from dozens of countries drew expressions of relief Friday from some countries that negotiated a deal or managed to whittle them down from rates announced in April.