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I'm Margaret Brennan in Washington, and this week on Face the Nation, President Trump

vows to reshape global trade, and that sends stock markets reeling.

Is it just short-term pain or a long-term problem?

President Trump delivered on his campaign promises, putting 25% duties on foreign autos, and 10% on imports from all countries, but his decision to launch a surprise round

of wide-ranging tariffs on allies and adversaries alike, shocked investors and sparked recession fears.

The markets are going to boom, the stock is going to boom, the country is going to boom.

The president claims all is going according to

plan and hit the links this weekend, though he was tracking headlines about China's decision

to fire back with tariffs on all American products. We'll get the latest from President Trump's

point man on tariffs, Commerce Secretary Howard Lutnik, and check in with the number

two Senate Republican John Barrasso. He's tasked with carrying out the other part of the

president's economic agenda sweeping tax cuts. House Republican Don Bacon and Democratic

Senator Maria Cantwell will 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'll ask NATO Secretary General Mark Ruta,

what the budding relationship could mean for the future of the Western Alliance.

...