What Wall Street expects from Trump’s ‘liberation day’

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• 00:03

  Good morning from the Financial Times.

• 00:05

  Today is Wednesday, April 2nd, and this is your FT News Briefing.

• 00:09

  An American company is trying to take a bite out of TikTok, and it's tariff day here in the U.S.

• 00:15

  We've got the view from Wall Street.

• 00:17

  The market just wants certainty.

• 00:20

  The market has been suffering probably more from the vacillation and uncertainty about tariff policy than it has from the threat of very high tariffs itself.

• 00:32

  Plus, a Syrian group of first responders is staging a comeback.

• 00:37

  I'm Mark Filippino, and here's the news you need to start your day.

• 00:50

  Andreessen Horowitz is in talks to help buy out TikTok's Chinese owner.

• 00:55

  The bid comes as the Trump administration is trying to force BiteDance to give up control of the popular social media app.

• 01:02

  If BiteDance doesn't offload TikTok to non-Chinese entities, it will be banned in the U.S. on Saturday.

• 01:09

  Andreessen Horowitz's potential investment is part of a wider effort that Oracle is putting together,

• 01:14

  and sources tell the FT the bid is a front-runner.

• 01:23

  It is finally here.

• 01:26

  U.S. President Donald Trump is set to announce his tariff plans today,

• 01:30

  and he's promised this will be a, quote, liberation day that will rebalance global trade.

• 01:35

  Here to talk about what markets are expecting is the FT's U.S. financial commentator Rob Armstrong.

• 01:41

  Hi, Rob.

• 01:42

  Hi.

• 01:42

  It's great to be back.

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