National Economic Council director Kevin Hassett said in an interview with ABC News' "This Week" that the tariffs are not meant to start a trade war. "What happened was that we launched a drug war, not a trade war, and it was part of the negotiation to get Canada and Mexico to stop shipping fentanyl across our borders," Hassett said.

Canada is gearing up to appoint a new Prime Minister today with countrywide elections for a new government to take place this year, making an air of anxiety amid a trade war with the U.S. Canadian Chamber of Commerce President & CEO Candace Laing joins Alex Witt to give perspective on Trump’s tariffs from the Canadian side.

As U.S. and Ukrainian officials prepare to meet in Saudi Arabia this week, President Donald Trump has privately made clear to aides that a signed minerals deal between Washington and Kyiv won’t be enough to restart aid and intelligence sharing with the war-torn country, according an administration official and another U.S. official.

The leaders of both Canada and Mexico got on the phone with President Donald Trump this past week to seek solutions after he slapped tariffs on their countries, but China’s president appears unlikely to make a similar call soon.

The economy in 2018 was much different than the one today, and so are the Fed's options for keeping it on track.

A soft landing from inflation may still be in sight, but when Federal Reserve Chair Jerome Powell speaks in New York on Friday he will be facing a tangled set of new risks to that long-sought goal.

In an interview Sunday on ABC News' "This Week," President Trump’s top economic aide, Kevin Hassett, said the Trump administration launched a drug war, not a trade war, with Canada and Mexico. The tariffs are "part of a negotiation to get Canada and Mexico to stop shipping fentanyl across our borders,