Bondi says Trump will 'probably' leave after second term

Treasury Secretary Scott Bessent warned trade partners not to retaliate against the tariffs announced by President Donald Trump on Wednesday.

"I think the mindset is, let's just see where we are, and then we'll see how President Trump feels about all this," Bessent told CNN.

"Everybody sit back, take a deep breath," Bessent said when asked about potential retaliation from abroad. "Let's see where this goes. Because if you retaliate, that's how we get escalation."

"Doing anything rash would be unwise," Bessent added.

Calls from industry -- rather than political -- leaders are more likely to win Trump's ear, Bessent said. "It's going to be the calls from the industry saying, 'Okay, how can we get these off?' And he's going to say, 'You can get it off -- bring your factory to the U.S.,'" he said.

-ABC News' Kelsey Walsh and Hannah Demissie

Arriving back at the Capitol from the president's tariff event in the Rose Garden, House Speaker Mike Johnson, R-La., told reporters that people "shouldn't doubt" Trump's plan and shrugged off concerns consumers will face higher prices.

When asked by ABC News' Jay O'Brien if the president was to blame for higher prices, Johnson responded that the public shouldn't doubt the president's vision.

Despite predicting a "rocky" beginning to the tariffs on Tuesday, Johnson called the president's reciprocal tariffs "common sense" and said he believes people will get on board.

"I think most American people understand it's not fair what's been done to the United States, and you needed a president strong enough to call that out and to do a reset," he said.

Education Secretary Linda McMahon interrupted a press conference by House Democratic lawmakers outside the department to give an impromptu statement of her own before declining to answer any questions from both members of Congress and reporters.

Democratic Rep. Mark Takano spearheaded the effort to meet with McMahon on Wednesday behind closed doors.

"She came down here to upstage the news press availability, trying to give the impression that she's trying a different approach," Takano told ABC News after the event.

-ABC News' Arthur Jones II

According to a White House official, President Donald Trump is holding a meeting Wednesday with key administration officials who will present a deal for TikTok to the president.

This comes as the deadline looms for TikTok's Chinese parent company to sell the app or face a ban in the U.S. The bipartisan bill passed last year set Jan. 19 as a deadline for the sale, then Trump signed an executive order that gave ByteDance a 75-day extension. That extension is set to expire this Saturday on April 5.

Trump has said if an agreement isn't reached by the deadline, he'd just extend it.

Over the weekend, Trump said there are a lot of "potential buyers" who are interested in TikTok, adding that he'd like to see "TikTok remain alive."

TikTok did not immediately respond to a request for comment.

-ABC News' Selina Wang