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.

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