The Trump administration's aggressive global tariff regime against imported goods from some of its closest allies has drawn strong reactions across the board.

The Dow, S&P 500 and Nasdaq fell sharply after Trump slapped tariffs on a host of countries including China, Japan, India and Europe. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.

The announcement, which has been teased by the administration, comes on the heels of other tariffs already put in place on good from Cananda and reciprocal tariffs tariffs by the neighbors to the north on American goods Trump will unveil his global tariffs plan today at a 4 p.

President Trump has set a deadline of Wednesday to announce sweeping tariffs