Will Trump ease tariffs based on market sentiment? Kevin Hassett clears the air on future plans

National Economic Council Director Kevin Hassett affirmed that President Trump will proceed with new import tariffs despite potential market reactions. Following an executive order modifying tariff rates, Hassett stated that deals with major trading partners, covering 55% of global GDP, are largely finalized. While some nations negotiated lower rates, others face higher tariffs, with further negotiations expected.