President Donald Trump is set to unveil his sweeping tariff plan on Wednesday, a date he has dubbed “Liberation Day” in his goal to redraw economic agreements with US trading partners. Follow for updates here.

U.S. President Donald Trump is expected to unveil new tariffs—taxes on imports—later today on what he has dubbed "Liberation Day." President Trump is set to speak at 4 p.m. ET

Reed Cowan talks to Autotrader Executive Editor Brian Moody about the broad effects of the new Trump tariffs on the price of cars and auto parts.

Trump has already restored a 25% tariff on all aluminum and steel imports, tariffs on all Chinese imports, and a 10% tariff on Canadian energy imports. A tariff on all imported vehicles goes into effect Thursday.

Trump's "Liberation Day" for his new round of tariffs is here. Here's everything we know, including a possible raft of reciprocal tariffs.

Senate resolution: N.J. Sen. Cory Booker held the Senate floor for a record-setting 25-hour speech against Trump’s agenda. It inadvertently delayed a vote to nullify the emergency declaration behind tariffs on Canada, which could have enough GOP votes to pass. [Yahoo News/USA Today]

The president is set to announce details of his sweeping tariffs, as companies and global trading partners scramble to respond.

The increase was led by gains in business and financial services, with large employers adding the bulk of new hires.