The U.S. stock market has gone taken a nosedive since President Donald Trump announced tariffs for many countries around the world. Here's what to know.

President Trump finally announced his long-awaited “Liberation Day” tariff plan: a new 10% minimum tax on all goods entering the United States from overseas plus much-larger-than-expected “reciprocal” levies on imports from major trading partners such as China (34%),

Stocks soared then fell flat Tuesday as investors digested the latest developments in President Donald Trump’s “Liberation Day” trade war, failing to sustain a recovery from historically bad losses over the last week even as China, the world’s second-largest economy, threatens to “fight to the end” with the U.S. over the soaring import duties.

With escalating tariffs shaking investor confidence, personal finance expert Suze Orman has a message for anyone worried about their portfolio: Don't panic, and hold steady on your long-term investments.

The stock market opened higher Tuesday, rebounding after several days of steep losses sparked by President Donald Trump’s tariff announcement last week. As of 10 a.m., the S&P 500 was up 3.2% and the Dow Jones Industrial Average rose about 3%,

Indeed, the Tax Foundation estimates President Trump's tariffs will cost the average U.S. household $2,100 in 2025 alone. The nonpartisan group also estimates Americans will pay a cumulative $3.1 trillion over the next decade as companies pass along cost increases to consumers.

Fox News ’ Maria Bartiromo on Monday acknowledged that President Donald Trump ’s proposed tariffs will likely have a direct, negative impact on American consumers ― as she still tried to allay broader economic concerns.