WASHINGTON (AP) — President Donald Trump says Wednesday will be “Liberation Day” — a moment when he plans to roll out a set of tariffs that he promises will free the United States from foreign goods.

In practice there will be nothing liberating about it. Over the two months since returning to the White House, Mr Trump will have brought America’s overall tariff level to its highest since the second world war, setting the country up for slower economic growth, higher inflation, more inequality and, quite possibly, fiscal trouble.

Wednesday’s upcoming tariff announcements provide a wide range of possible outcomes. The uncertainty and downside risks to the economy and earnings have rattled markets.

The president plans to roll out a set of tariffs on Wednesday that he promises will free the United States from foreign goods.

Donald Trump has spent his first months in the White House railing against the US’s largest trading partners, accusing them of cheating America and taking advantage of the world’s largest economy. “For DECADES we have been ripped off and abused by every nation in the World,

Alan Livsey The latest reading on the health of the US labour market will follow hot on the heels of Trump’s tariff announcements in the form of Friday’s non-farm payrolls data. Economists polled by Reuters expect the figures to show that 128,

U.S. President Donald Trump is urging senior advisers to take a more aggressive stance on tariffs as the administration prepares for a major escalation in its global trade war, the Washington Post reported on Saturday,

Most economic analyses say average U.S. families would have to absorb the cost of his tariffs in the form of h

In a phone interview with NBC News, President Donald Trump also said he wouldn’t fire anyone involved in the Signal group chat.

President Donald Trump said Saturday he didn’t warn automobile executives against prices as tariffs on foreign-made vehicles are to take effect later this week. Trump in an interview with NBC News denied a Wall Street Journal report last week that he told executives during a call earlier this month their prices shouldn’t be raised because of

Donald Trump on Sunday repeated his suggestion that he might seek a third term as US president, NBC News reported, which would defy the two-term limit stipulated in the US constitution. In a Sunday-morning phone call with NBC News,

President Donald Trump said Sunday that “I’m not joking” about trying to serve a third term, the clearest indication he is considering ways to breach a constitutional barrier against continuing to