What to KnowPresident Donald Trump is expected to roll out the largest set of new trade barriers in generations Wednesday, calling it “Liberation Day.”He is expected to speak at 4 p.m. ET at a Rose Garden event to announce the tariffs.The White House has said that the newest tariffs would be reciprocal with other nations and that they would include duties on specific sectors like pharmaceuticals or computer chips.Trump’s tariff threats have not been well received by businesses and consumers. Ahead of today’s market open, stock futures were lower.
President Donald Trump is set to announce a sweeping plan Wednesday to place tariffs on potentially trillions of dollars’ worth of goods imported into the United States. Follow along for live updates.