Today’s Forbes Daily newsletter covers Wall Street souring on Trump, the biggest billionaire tariff losers, DOGE cuts worsen March layoffs and more.

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%),

US stock futures cratered after Trump unveiled his long-anticipated tariffs. Global investors fled everything from oil to Southeast Asia markets.

The price of the world’s leading cryptocurrency by market value has struggled to consolidate at a level above $90,000 in the past month. Smaller digital coins followed a similar pattern. XRP, used to facilitate and settle transactions on Ripple’s payment platform,

President Donald Trump's "Liberation Day" appeared set to end North American free trade and Mexico's privileged access to the U.S. Instead, Mexican officials are celebrating being left off Trump's global tariffs list,

Trump announced a range of new tariffs on April 2, his so-called "Liberation Day."He signed an executive order to impose reciprocal tariffs and a 25% tariff on car imports.Some economists warned that uncertainty around the tariffs could strain consumers and businesses.

Liberation Day,” the ball is in the court of other countries to respond to President Donald Trump’s tariffs. The statement by European Commission President Ursula von der Leyen encapsulated [the mixed