Trump to escalate global trade tensions with 'Liberation Day' tariffs on trading partners

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📢 Trump to escalate global trade tensions with 'Liberation Day' tariffs on trading partners: U.S. President Donald Trump was expected to impose sweeping new reciprocal tariffs on global trading partners on Wednesday, upending decades of rules-based trade, risking cost increases and likely drawing retaliation from all sides. Reuters reports.

📊 Here are 4 charts investors should keep an eye on as Trump’s ‘liberation day’ tariffs arrive: The day investors have been waiting for is finally almost here. President Trump has promised to unveil retaliatory tariffs on U.S. trading partners after the market closes on Wednesday. MarketWatch reports.

💵 Investors are turning bearish on the U.S. dollar as Trump tariffs loom: The rollout of U.S. President Donald Trump’s tariffs regime is dampening sentiment toward the dollar and prompting investors to look elsewhere for their foreign exchange trades. CNBC reports.

📈 BYD posts robust growth in car sales as it takes on Tesla globally: Chinese electric vehicle champion BYD has reported a 60% surge in sales in the first quarter of the year as archrival Tesla stumbles. The EV maker based in the southern Chinese megacity of Shenzhen sold just over one million new-energy vehicles in the first three months of 2025 – including battery-powered cars, hybrids and commercial vehicles. CNN reports.

🛒 Walmart continues to push Chinese suppliers to cut prices: U.S. retailing giant Walmart is continuing to push Chinese suppliers to cut prices to offset President Donald Trump's tariffs. Some Chinese manufacturers are finding it difficult to meet Walmart's demands to cut prices by as much as 10% for each round of Trump's tariffs. Reuters reports.

🚗 Tesla stock falls on delivery day: Tesla stock was down in premarket trading early Wednesday, just ahead of the company’s release of first-quarter delivery data. Shares of the electric vehicle maker run by CEO Elon Musk were down 1.5% at $264.40. MarketWatch reports.

💊 Novo Holdings nearly doubles earnings as Wegovy swells coffers: The controlling shareholder of obesity drugmaker Novo Nordisk, nearly doubled annual income and investment returns to a record 8 billion euros ($8.66 billion) in 2024, it said on Wednesday. Reuters reports.

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Benzinga reports.

1) $IBG: Innovation Beverage
Total gain: +220.61%

2) $DGLY: Digital Ally
Total gain: +127.3%

3) $RSLS: Reshape Lifesciences
Total gain: +77.35%

4) $SBFM: Sunshine Biopharma
Total gain: +62.49%

5) $PCSA: Processa Pharmaceuticals
Total gain: +40.21%

*Estimate and Actual numbers represent Earnings Per Share in US Dollars

RH: RH
4Q 2024
After Market Close
Estimate: 1.910
Actual: N/A

UNF: UniFirst
2Q 2025
Before Market Open
Estimate: 1.340
Actual: N/A

BB: BlackBerry
4Q 2025
Before Market Open
Estimate: 0.000
Actual: N/A

Time (ET) / Report / Period

8:15 am - ADP employment - March
10:00 am - Factory orders - February
4:30 pm - Fed Governor Adriana Kugler speaks

“It's not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.”

- Robert T. Kiyosaki

Sourced in: Rich Dad's Cashflow Quadrant by Robert T. Kiyosaki (1998)