President Donald Trump is holding a "Make America Wealthy Again" event, during which he is expected to announce and reveal further details surrounding his "Liberation Day" tariffs that will roll out Wednesday.

President Trump has set a deadline of Wednesday to announce sweeping tariffs

President Donald Trump’s top economic advisers brushed off recession fears Sunday and said dozens of countries are looking to negotiate for better deals, after stocks tumbled last week following the announcement of stiff tariffs against nearly all of America’s trading partners.

The import taxes Trump announced last week have sent financial markets reeling, raised fears of a recession and upended the global trading system.

After weeks of anticipation and speculation, President Donald Trump followed through on his tariff threats this week by declaring a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the United States.