Watch: White House holds press briefing in wake of Trump tariff pushback

White House press secretary Karoline Leavitt briefed reporters Tuesday afternoon as concerns mount over President Trump’s sweeping tariffs and its impact on the U.S. economy.

The Trump administration, which signaled that negotiations are likely, has not backed down on Trump’s imposition of a 10 percent tariff on products imported from nearly all foreign trading partners and higher reciprocal taxes on others. Market dips and recession fears have surged since last week’s announcement.

The press briefing also came as Republicans in both chambers of Congress work to move Trump’s legislative agenda forward. The Senate GOP passed its budget blueprint over the weekend, nearly a month after the House advanced its resolution.

Trump has pressed the House to accept the upper chamber’s plan despite pushback. He is expected to speak to Republicans in the lower chamber later Tuesday.

The briefing was scheduled to begin at 1 p.m. EDT.

Watch the video replay above.