North Korea accused the U.S. of "sacrificing the world for its own abundant life," a move that upset even Washington's closest allies.
The economy continues to grow at a stable rate, but misses President Trump's 4 percent growth prediction by 1.4 points. For perspective, one percentage point of gross domestic product growth could generate 1 million new jobs.
The president says he "would certainly apologize" if anyone in Britain was offended.
VTB Bank President and Chairman Andrey Kostin called the sanctions a "full-on attack" not only against the Kremlin but on all of Russian society.
The head of Russia's second biggest bank said the tightening of sanctions against the country's institutions would be "like declaring war."
The first lady will not join the president in the Swiss Alps following the couple's 13th wedding anniversary.
A demonstration called "Trump: Welcome to Hell" is expected to greet the U.S. leader when he arrives in Switzerland.
A few hundred anti-globalization demonstrators marched through the streets of Switzerland's capital city of Bern.