As the trade wars launched by U.S. President Donald Trump continue to escalate, all eyes are on Wednesday. Trump has repeatedly called April 2 “Liberation Day,” with promises to roll out a set of tariffs,

It comes as the president recently announced a 25% tariff on imported vehicles and some auto parts among other tariffs.

Donald Trump has dubbed April 2 ‘Liberation Day,’ when the US president will enact a series of new reciprocal tariffs.

President Donald Trump paused most of the "Liberation Day" tariffs for 90 days. PORT ST. LUCIE — Asian markets and grocery stores on the Treasure Coast let out a sigh of relief Wednesday when President Donald Trump ordered a 90-day postponement on most "Liberation Day" tariffs.

The announcement of Donald Trump's so-called "reciprocal tariffs" on 2 April - what he called "liberation day" - sent a shockwave through the global trading system and financial markets. And the President's 90-day pause on some of these tariffs on 9 April set off a relief rally in stock markets.

Global markets are breathing a huge sigh of relief following U.S. president Donald Trump's surprise announcement of a 90-day hiatus in much of his tariff agenda, but it would be premature to think the dangers posed by the U.

President Donald Trump held a Cabinet meeting at the White House, where he brushed off the day's downturn in the markets.

The rally followed President Trump’s announcement on Truth Social that he would pause some of his global “reciprocal” tariffs for 90 days, capping tariffs for most nations at 10 percent. In the same post,

After Trump announced a 90-day pause on nearly all his tariffs, stocks soared on the news, and the markets were up 9.5% by the end of trading.