Trump said a 25% tariff on imported passenger vehicles, light trucks and some auto parts is set to go into effect on Wednesday, April 2 and will begin to be collected on Thursday, April 3.

Nancy Pelosi's three largest stock holdings have suffered an average loss of 8.96% since the April 2 tariffs were announced.

Bloomberg's Kriti Gupta discusses tariffs that will be implemented by the US on April 2, the day President Donald Trump dubbed as "liberation day."