Stocks tumbled in after-hours trading Wednesday after gaining ground during the regular session ahead of a highly anticipated announcement from President Trump on new tariffs.

President Donald Trump is set to announce new tariffs at 4 p.m. from the Rose Garden. Follow along for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

Trump's motive is to use tariffs as a way to force other countries to lower their own tariffs on U.S. goods and services. President Trump has been calling today, April 2, " Liberation Day " since his inauguration Jan.

Donald Trump’s second trade war is a battle of one against all. Reciprocal tariffs announced on Wednesday by the White House hit China with a hike of 34 percentage points, taking the fresh levies on exports from the People’s Republic up 54 percentage points in the 10 weeks since the U.

Based on the possibility of broad 20% tariffs that have been floated by some White House aides, most analyses see an economy tarnished by higher prices and stagnation. U.S. econom

US President Donald Trump announces universal 10% tariffs on all imports into the US will go into effect on 5 April in a watershed moment for global trade. Watch BBC's live covera

The Indian rupee declined in the non-deliverable forward market on Thursday after the U.S. President Donald Trump slapped a 26% tariff on imports from the Asian nation.

Donald Trump launched a new assault on the global trading order on Wednesday, imposing a barrage of new tariffs including on all US imports in a move that sent Wall Street stock futures tumbling. The president said a levy of 10 per cent would apply to nearly all US imports from April 5 as he also revealed additional so-called reciprocal duties,

The U.S. slapped a 26% reciprocal tariff on India in a setback to the South Asian country's expectation of getting relief from President Donald Trump's global trade policy that has unnerved world markets for weeks.