Hassett's statements during his interview appearance on NBC News' Meet the Press shows that the White House intends to hold steady on its tariffs even as economic data raises concerns about the impact they may have on growth, prices, and job creation as well as lasting consequences for global trade.

President Donald Trump's order imposing new tariffs on scores of countries and the European Union starting in seven days has injected a new dose of uncertainty in an already uncertain process.

Dozens of countries will face higher tariffs on their exports to the U.S. following Trump's signing of an executive order.

Trump imposes sweeping tariff increases targeting trade deficits and surpluses alike, impacting dozens of countries with new trade penalties.