Key Takeaways The U.S. has imposed heavy tariffs on a multitude of trading partners around the world, dealing a heavy blow to the system of free trade built in the decades since WWII.The "Liberation Day" tariffs,

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

How concerned Federal Reserve officials were over stagflation risks as they met last month may become more clear on Wednesday in a readout of a gathering held before President Donald Trump's April 2 tariff announcement shook markets and made forecasts for higher inflation and slower growth more widespread.