Trump announced a range of new tariffs on April 2, which he called "Liberation Day."The total effective tariff rate on Chinese goods now stands at 54%.Economists warned that uncertainty around the tariffs could strain consumers and businesses.

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

Global markets are tense as investors await President Donald Trump's much-anticipated "Liberation Day" tariff announcement.

President Donald Trump's reveal of sweeping import tariffs further darkened the outlook for the global economy and left many questions unanswered. But amid all the policy fog, oil and gas traders can point to a few bright spots.

Trump has repeatedly called April 2 "Liberation Day." He is expected to enact reciprocal tariffs on major trading partners, especially those that contribute the most to the $1.2 trillion U.S. trade deficit.

President Trump rolled out new tariffs on April 2 aimed at easing trade imbalances. Here's which products could become more expensive as a result.

Trump says his tariff announcements slated for Wednesday will amount to a “Liberation Day” for the U.S. But American businesses and financial markets are unlikely to be freed from the uncertainty generated by his often stop-and-go trade policy.

Former Vice President Mike Pence's policy advocacy group came out swinging Wednesday against Trump's expected reciprocal tariffs announcement, calling it a "tax" on Americans.

Minister for Europe and Foreign Affairs of France, Jean-Noël Barrot, asked that President Trump reconsider imposing reciprocal tariffs and a 10% minimum tariff on all imports.