Ahead of the Liberation Day announcement, The Washington Post reports that the White House is considering a plan to impose a 20% tariff on most imports.

Goldman Sachs cut its end-2025 forecast for the 10-year Japanese government bond yield to 1.50% from 1.60% previously to reflect the elevated risk of a U.S. recession.

Goldman Sachs economists raised their forecast ... and that his new 25% auto tariffs will be permanent — countering White House officials who last week claimed Trump would take a more selective ...

Trump says his new tariffs will be “Liberation Day” for America. Economists’ and market analysts’ views are far more ominous.

White House aides have drafted a proposal to impose tariffs of around 20% on most imports to the United States, three people familiar with the matter said, as President Donald Trump pushes for the most aggressive overhaul of the global economic system in decades.

"We believe the risks lean toward an initial tariff announcement that negatively surprises markets," Goldman Sachs wrote.

Oppenheimer called the expected M&A rebound under the Trump administration “delayed or cancelled” and downgraded to "perform" the ratings of three financial firms whose fortunes hinge on busy Wall Street activity.