Over the weekend, as Elon Musk launched into a barrage of social media posts criticizing one of the lead White House advisers for President Donald Trump’s aggressive tariff plan, Musk was going over that same official’s head — and making personal appeals to Trump.

President Donald Trump is scheduled to announce significant tariffs on other countries in a speech Wednesday afternoon at the White House.

As President Donald Trump’s new tariffs shook global markets and sent foreign leaders scrambling this weekend, Treasury Secretary Scott Bessent flew to Mar-a-Lago with a message.

The Trump administration took that formula’s figure, -0.5 for South Korea, and divided it by two to calculate the U.S. “discounted reciprocal” tariff rate. So, while South Korea imposes an effective tariff rate of .79 percent on U.S. goods, the reciprocal tariff rate the U.S. is imposing on South Korea is 25 percent.

President Trump and Israeli Prime Minister Benjamin Netanyahu are meeting two days before new U.S. tariffs go into effect.

President Donald Trump on Wednesday unveiled sweeping global tariffs of at least 10% on goods imported from most U.S. trading partners.

Attempting to defend Trump's tariffs, the White House points to studies that show they raise prices, cut manufacturing output, and lead to costly retaliation.

Musk has stayed mostly silent on Trump’s sweeping tariffs, but called for zero tariffs between the U.S. and Europe on Saturday.

Trump has for weeks trumpeted April 2 as a "Liberation Day" that will see dramatic new duties that could upend the global trade system, with a White House Rose Garden announcement scheduled for 4 p.m.

President Trump and Israeli PM Netanyahu set for White House meeting to discuss ending U.S. tariffs on Israel, the war in Gaza, the release of hostages and Iran's nuclear threat.

President Trump vowed Monday to continue with his tariffs push while signaling a willingness to negotiate with other world leaders.

Follow here for live updates and news on fallout in the financial markets from President Donald Trump's announcement last week on tariffs for all countries.