Major indexes on Wall Street are highly volatile this morning after conflicting messages from the Trump administration over global tariffs.

Higher duties are scheduled to kick in Wednesday at midnight for dozens of countries. Investors want to know if they’re permanent.

From the BBC World Service: Stock markets across Asia, Europe and Australia have plummeted in response to President Donald Trump’s tariffs.

Because it probably won’t look pretty. The stock market plummeted again this morning on news that China is putting hefty new tariffs on American goods.

The UAW supports tariffs used to bring more auto manufacturing back to the U.S., but the union doesn’t love everything the president’s doing..

From the BBC World Service: Asian and European markets have fallen further as global markets continue to process the impact of President Donald Trump’s tariffs.

Following President Donald Trump’s tariffs, KPMG chief economist Diane Swonk offers a bleak prognosis for the economy.

34%. 32%. 24%. 20%. Those are the additional tariff rates on — in order — China, Taiwan, Japan and Europe imposed by President Trump.

From the BBC World Service: Today, it’s a world tour of global responses to new tariffs imposed under the second Trump administration.