The tariffs are a substantial new source of revenue for the federal government. The budget may start to depend on it.

Kevin Hassett, the director of the White House National Economic Council, was also out Sunday hammering home the message that tariffs are all set.

Ahead of a Friday deadline, Trump set rates including a 35% duty on many goods from Canada, 50% for Brazil, 25% for India, 20% for Taiwan and 39% for Switzerland, according to a presidential executive order. Get a daily digest of breaking business news straight to your inbox with the Reuters Business newsletter. Sign up here.