When Trump's chief economic advisor, Kevin Hassett, was asked on _ABC_ _News_ whether these tariffs were permanent, he said it depended on how the targeted countries respond.
If they don't make positive adjustments, he hinted that the result could be a "new equilibrium" of continuing tariffs.
The economic uncertainty stems from Trump's shifting tariff policy—effective dates have changed, and the sectors being targeted have changed—as businesses and investors try to figure out what will come next.