This week on Face the Nation, President Trump’s tariffs upend the global economy, sending stock markets reeling and allies fuming. How long will they last and what should the markets be bracing for? We get the latest from Commerce Secretary Howard Lutnick. We check in with Wyoming Senator and Republican Whip John Barrasso on how Congressional Republicans plan to implement the president’s proposed sweeping tax cuts. House Republican Don Bacon and Democratic Senator Maria Cantwell also join us; they want Congress to reclaim its authority over trade policy. Then, as the administration continues talks with Russia for a possible peace deal in Ukraine, we ask NATO Secretary General Mark Rutte what the budding relationship could mean for the future of the western alliance.

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