Context:

The Trump administration is minimizing the concerns of small businesses about the impact of tariffs. Kevin Hassett, an economic advisor, has made statements on this issue, suggesting that the effects are being exaggerated. Despite real-time market data being available, there are indications that the administration believes the overall economy remains robust. The administration's stance seems to be that the tariffs will not have a significant long-term negative impact. There is an implication that the administration is confident in its economic policies despite the immediate worries expressed by small businesses.

Dive Deeper:

• The Trump administration is downplaying the concerns raised by small businesses regarding the negative impact of tariffs on their operations.

• Economic advisor Kevin Hassett has publicly addressed these concerns, suggesting that the perceived effects of the tariffs are overstated.

• Real-time market data, including indices like the Dow Jones, are available, yet the administration maintains that the broader economy remains strong.

• The government's position is that the tariffs will not cause significant long-term harm to the economy, and they believe the policy will ultimately be beneficial.

• Small businesses have expressed apprehension, but the administration appears to be relying on its economic policies to mitigate any adverse effects.

• There is a suggestion of confidence within the administration regarding its handling of economic challenges despite the immediate concerns from smaller business entities.

• The context of the discussion includes references to various market indices and economic data sources that inform the debate on tariffs and their impact.