WASHINGTON (NEXSTAR) - President Donald Trump's self-imposed deadline for dozens of countries to strike new trade deals with the U.S. has arrived, meaning new tariffs are on the horizon.

The president's new executive order slaps the Swiss with a 39% tariff rate, 8% higher than what the president originally threatened in April.

Brazil faces a 50% tariff, and 40 other countries will grapple with a 15% rate.

“These are all tailwinds to the economy,” said Council of Economic Advisors Chairman Stephen Miran.

The White House is billing the tariffs set to go into effect next Thursday as an economic win capable of raising billions in revenue.

Republican Senator Josh Hawley says he's working with the president to get American citizens a share of the profit.

"Blue collar families. everyone oug

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