News Snapshot:
“Liberation Day” is coming. It probably won’t feel that way. President Trump said April 2 will be the day he announces “reciprocal tariffs” on a host of nations that could affect hundreds of billions of dollars in imported products. Yahoo Finance’s tariff maven, Ben Werschkul, has a nice preview of what’s probably coming. The upshot: It won’t be pretty. Trump has already rattled markets with tariffs on steel and aluminum imports, plus wide-ranging tariffs on imports from China, Canada, and Mexico. His approach so far has been more aggressive than many investors expected, triggering a 10% stock market sell-off from...