President Donald Trump is calling Wednesday "Liberation Day," but what does it mean? What will happen on April 2? Here's what to know.

President Donald Trump is expected to declare his next round of tariffs at the White House Wednesday. The announcement is scheduled for 4 p.m. EDT. He has dubbed April 2 as "Liberation Day," and White House officials said the implementation of the financial levies on foreign imports will take place immediately upon his proclamations.

President Donald Trump rolled out his tariffs package that aims to reshape the global economy and try to force manufacturing back to the U.S.

Trump promised the US an 'extraordinary' economic boom but his sweeping tariffs could backfire and plunge the US into a recession while escalating trade wars see public support diminish

The world is on tenterhooks as Donald Trump prepares to ramp up his trade war further, declaring what he's calling "Liberation Day" and announcing a fresh wave of tariffs on US imports.

President Donald Trump is touting April 2 as the day the U.S. gets "money, and respect, back." Here's why he's calling it "Liberation Day."

They could not have imagined a president would use emergency authority to bypass Congress and impose tariffs on the entire world.”

Donald Trump launched a bizarre rant claiming the 'patient lived, and is healing' after unveiling punitive tariffs on all imports - but his move has sent US financial markets into meltdown

As Donald Trump prepares to declare what he is calling 'Liberation Day' and announce a raft of new tariffs on US imports, what will be the global impact?