Trump inner circle warned of tariff consequences

In private conversations weeks ago, senior advisers close to President Trump warned that some tariff proposals could have devastating effects on global financial markets and send the U.S. economy spiraling.

The White House has taken pains to say administration officials are unified on the tariff effort announced on April 2, which the White House dubbed "Liberation Day."

But internal disagreements over that policy manifested well before that, with leaders offering predictions of serious economic instability, multiple sources familiar with the exchanges told CBS News.