President Donald Trump has declared Wednesday "Liberation Day," when he is expected to roll out a tariff plan that will emphasize his "America First" mission.

President Donald Trump's sweeping reciprocal tariffs announcement on Wednesday has several countries taking varied approaches in how to respond.

The tariffs are expected to follow similar recent announcements of 25 percent taxes on auto imports; levies against China, Canada, and Mexico; and expanded trade penalties on steel and aluminum.

The U.S. and global markets have already started to feel the impact of Trump’s tariffs, with the U.S. stock market taking the worst hit thus far. The Wall Street slump and global dip in stocks have sparked fresh fears in economists and concerns as to whether the U.S. is heading into a recession.

President Donald Trump is expected to unveil his Liberation Day tariff plan in the White House's Rose Garden Wednesday in an effort to end decades-long reliance on goods made overseas.

But at the heart of the decision-making is Trump himself — who has agitated for tough tariffs for more than 40 years.

President Donald Trump’s promised tariffs are a day away – and they’ll go into effect sooner than some had expected. As in, immediately, the White House said Tuesday.

Donald Trump has dubbed Wednesday April 2, 2025, "Liberation Day." What is it, and how does it apply to tariffs in the United States?

White House press secretary Karoline Leavitt will speak to reporters Tuesday afternoon, a day before President Trump’s tariffs on the Canada, Mexico, China and certain product imports, are