President Donald Trump is expected to unveil his Liberation Day tariff plan in the White House's Rose Garden Wednesday in an effort to end decades-long reliance on goods made overseas.

On Wall Street, the markets have gone through weeks of extreme volatility amidst concerns about what a spike in tariffs will do to the economy. The financial sector, in particular, remains skittish about the exact scope and breadth of what Trump will announce at his pomp and circumstance-filled Wednesday presser.

The BBC's North America Business Correspondent Erin Delmore unpacks the reciprocal taxes the president has promised.

Donald Trump says tariffs are coming. That message from the US president has been consistent.But what tariffs and when? The announcements of the new import taxes have come so thick and fast since he took office that it can be hard to keep track.

U.S. stocks are swerving through another shaky day of trading, with uncertainty still high about just what President Donald Trump will announce about tariffs on his “Liberation Day.”

President Trump will announce new tariffs at 4 p.m. on April 2 from the Rose Garden. Follow along for live updates and analysis as the Dow, Nasdaq and S&P 500 react.

As “Liberation Day” approaches, one firm said it had not experienced this level of uncertainty in nearly 50 years of doing business.