The New York Times reported Thursday on the expected impact of President Trump's tariffs on the nation's economy.

While the Trump administration has positioned new tariffs on imported goods as a positive development, an internal White House analysis reportedly concluded that such trade policies will have a negative impact on the U.S. economic growth.
"The findings from the White House Council of Economic Advisers have been circulated only internally and not publicly released, as is often the case with the council's work, making the exact economic projections unknown," the New York Times reported on Thursday, citing people familiar with the evaluation. "But the determination comes as top White House officials continue to insist publicly that Mr. Trump's trade approach will be 'massively good for the U.S. economy.'"
"We expect that this is going to work out well," Kevin Hassett, the chairman of the president's Council of Economic Advisers, told reporters on Tuesday in response to a question about recently imposed tariffs.
However, many world leaders have sharply criticized Trump's trade agenda, ahead of the G-7 summit in Canada.
At a press conference on Thursday, Canadian Prime Minister Justin Trudeau said one of his G-7 goals was to help Trump understand how the tariffs could impact people in the US. 
"American jobs are on the line because of his actions and because of his administration," Trudeau said. "When we can underscore this, and we see that there's a lot of pressure within the U.S., perhaps he will revise his position."