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.

U.S. stock indexes dropped on Tuesday, as investors sifted through economic data and braced for sweeping tariff announcements from the Trump administration. U.S. manufacturing contracted in March after expanding two consecutive months,

U.S. President Donald Trump is preparing to announce wide-ranging new tariffs this week that businesses, consumers and investors are worrying will cause an intensifying global trade war. Read our story here.

Global equity markets fell and safe-haven gold hit a fresh record high on Monday after U.S. President Donald Trump said tariffs would essentially cover all countries, stoking worries a global trade war could lead to a recession.

Shares in the US have bounced back, despite tariff fears hitting stocks in Asia and Europe after US President Donald Trump suggested that he was planning import taxes that could hit "all countries". Trump's comments came as he prepares to unveil a massive slate of import taxes on Wednesday,

President Trump may have only a narrow window to push through his sprawling policy agenda. But he also needs the U.S. economy to hold up.

UK shares fell on Monday after U.S. President Donald Trump signaled that his reciprocal tariffs would cover all countries, intensifying a global trade war.