Despite Market Fluctuations, U.S. President Donald Trump's "Liberation Day" Announcement Is Scheduled for 4 p.m. ET

According to multiple accounts, U.S. President Donald Trump’s much-anticipated “Liberation Day” announcement is slated for 4 p.m. ET, broadcast from the White House Rose Garden.

The 47th U.S. President Donald Trump is set to unveil a wide-ranging tariff initiative code-named ‘Liberation Day’ at 4 p.m. ET today.

The Trump administration’s plan to impose tariffs of up to 25% on all goods imported into the U.S. has sparked heated debate, with Democrats, economists, and market analysts expressing skepticism.

Investor sentiment has been volatile in anticipation of the tariff announcement, and Goldman Sachs recently raised its probability of a recession to 35%

Despite the potential for increased inflation and consumer costs, the administration is highlighting the availability of domestic alternatives.

'Liberation Day' is still under refinement, according to White House press secretary Karoline Leavitt, who assured that Trump is ensuring “this is a perfect deal for the American people and the American worker.”

Each instance in which tariffs were proposed or even hinted at by Trump toward foreign nations has sent global markets—including equities and crypto assets—into sharp, unpredictable motion.

“The crypto market is jittery in anticipation of ‘Liberation Day’ tariffs today, despite the fact that these tariffs have zero direct impact on crypto or blockchain projects,” Chris Chung the founder and CEO of Solana swap platform Titan, told Bitcoin.com News.

“For weeks now, token prices have been driven by a general sense of unease about the macro environment, which just shows that crypto is still overwhelmingly seen by investors as a highly volatile tech stock – and will remain so for the time being.”

Chung added: “Increasingly, it seems like the POTUS is willing to accept the short-term pain of tariffs for the perceived long-term gain it will bring. This is pushing up inflation expectations, and if inflation does start getting out of hand, all risk assets will suffer.”

On Tuesday, April 2, bitcoin (BTC) rose from the $84,600 range to $85,800 by 10:30 a.m. ET. The flagship cryptocurrency has advanced by 2.66% in the past 24 hours.

Meanwhile, the broader crypto market is up by 2.11% ahead of Trump’s announcement, bringing its total valuation to $2.75 trillion.

Stocks are trading in the red, with the Nasdaq, S&P 500, Dow Jones, and NYSE all posting slight declines.

Gold has increased by 0.37%, trading at $3,126 per ounce, indicating a more measured tempo ahead of the “Liberation Day” blueprint reveal.

“Nervousness about the incoming wave of U.S. tariffs has kept the FTSE 100 in the red, as investors assess the UK vulnerability and the knock-on effects for the global economy,” Susannah Streeter, head of money and markets at Hargreaves Lansdown told Bitcoin.com News in a market note.

“The S&P 500 also opened on the back foot but has clawed back some ground. Concerns continue to swirl over stagflation taking hold in the U.S., given that tariffs are expected to push up consumer prices and act as a drag on growth, and worries ricochet about further turmoil ahead.”

Markets appear to be performing better today, largely because investors anticipate clearer direction from Trump’s remarks later this afternoon. However, this recent uptick and relative calm could quickly dissipate once the full details of his plan are made public.

On Monday, the White House stated that Trump has “made up his mind” on tariffs, adding his assurance that “Wall Street will be just fine.” It remains to be seen whether that confidence will hold.