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

Friday in the immediate aftermath of sweeping new tariffs issued by President Donald Trump. A weak jobs report intensified the selloff, as a downward revision of prior estimates indicated a hiring slowdown had begun in May as initial tariffs took hold.

New US tariff rates are "pretty much set" with little immediate room for negotiation, Donald Trump's trade advisor said in remarks aired Sunday, also defending the president's politically driven levie

Canada minister Dominic LeBlanc expressed optimism that a deal could be reached to reduce the newly imposed 35% US tariffs on Canadian goods outside the USMCA. He hinted at upcoming talks between Prime Minister Mark Carney and President Trump.