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President Donald Trump will unveil his global tariffs plan today at a 4 p.m. event in the White House Rose Garden − shortly after the recently volatile U.S. financial markets have closed for the day.

Stocks have been on a rollercoaster ride − a lot of it downhill − in recent weeks since the Trump administration began slapping tariffs on some specific imports and on imports from specific countries. Today’s reveal, billed by the White House as a “Make America Wealthy Again” event, is forecast to reach deeper, possibly almost all imports and many more nations.

The president’s long-awaited tariff announcement will come the same day Trump faces a possible rebuke from the Senate: Enough Republicans are expected to join Democrats on Wednesday in voting to end the emergency declaration enabling tariffs against Canada.

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