The Trump administration is planning to impose a round of fresh tariffs on April 2, a day President Trump has dubbed "liberation day." The announcement is viewed by economists as the culmination of his "America First Trade Policy," an executive order he signed on his first day in office aimed at revitalizing U.S. manufacturing.

President Donald Trump’s coming wave of tariffs is poised to be more targeted than the barrage he has occasionally threatened, aides and allies say, a potential relief for markets gripped by anxiety about an all-out tariff war.

Tariff news has led to a volatile stock market over the past few months, but retail investors have been happy to use that as an excuse to buy the dip.