Trump says his tariff announcements slated for Wednesday will amount to a “Liberation Day” for the U.S. But American businesses and financial markets are unlikely to be freed from the uncertainty generated by his often stop-and-go trade policy.

The tariffs are expected to follow similar recent announcements of 25 percent taxes on auto imports; levies against China, Canada, and Mexico; and expanded trade penalties on steel and aluminum.

President Donald Trump is scheduled to announce significant tariffs on other countries in a speech Wednesday afternoon at the White House.

President Donald Trump said countries, whether staunch allies or adversaries, would be subject to at least a 10% tariff.

IT’S LIBERATION DAY IN AMERICA!,” Trump wrote in a 7:06 a.m. EDT post to his Truth Social site, referring to what he previously described as the “BIG ONE,” reciprocal tariffs.

At least four Republican lawmakers are planning to attend President Trump’s “Liberation Day” event celebrating his new slate of tariffs, according to a White House official. Senate Majority Leader John Thune,

The new tariffs, coming on what Trump has called “Liberation Day,” are a bid to boost U.S. manufacturing, he says.

US stock futures cratered after Trump unveiled his long-anticipated tariffs in an address at the White House Rose Garden on Wednesday.

President Trump is set to reveal his tariff plans as part of a "Liberation Day" ceremony at the White House. Uncertainty over tariffs has roiled financial markets in recent weeks.