As the trade wars launched by U.S. President Donald Trump continue to escalate, all eyes are on Wednesday. Trump has repeatedly called April 2 “Liberation Day,” with promises to roll out a set of tariffs,

Donald Trump is expected to announce sweeping tariffs on what he's been calling "Liberation Day." Here's what we know.

Donald Trump has dubbed April 2 ‘Liberation Day,’ when the US president will enact a series of new reciprocal tariffs.

Trump's punishing tariffs have shaken a global trading order that has persisted for decades, raised fears of recession and driven worldwide stocks sharply downward. The S&P closed below 5,000 for the first time in nearly a year on Tuesday and is nearing a bear market,

Trump has promised higher rates for his latest and most severe volley of duties, which he calls “reciprocal” tariffs. With so many back-and-forth tariff actions and threats, it can be tough to keep track of where things stand.

In a sudden about-face on Wednesday, Donald Trump announced a 90-day pause of many of his hefty “Liberation Day” tariffs on America’s trading partners, following days of tumult on Wall Street and growing expectation that Trump’s trade war would trigger economic catastrophe.

Facing a global market meltdown, Trump abruptly backed off his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%.

Wall Street’s latest moves came after Trump’s latest round of tariffs kicked in after midnight for imports from around the world.

U.S. stocks are surging on a euphoric Wall Street after President Donald Trump said he would temporarily back off on some of his tariffs, as investors had desperately hoped he

The announcement of Donald Trump's so-called "reciprocal tariffs" on 2 April - what he called "liberation day" - sent a shockwave through the global trading system and financial markets. And the President's 90-day pause on some of these tariffs on 9 April set off a relief rally in stock markets.

The idea of scaling back eye-watering “reciprocal” tariffs rattled around President Trump’s head for several days after the April 2 “Liberation Day” announcement.

A number of import taxes are still in place, and with many back-and-forth tariff actions and threats, it can be tough to keep track of where things stand.

Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed down on his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%.

As markets tumble and fears grow over a global trade war in response to President Trump's tariffs, he has advised Americans to "be strong" and "hang tough."

President Donald Trump has launched tariff wars with nearly all of the United States’ trading partners. And there’s no end in sight.