Donald Trump's latest batch of global tariffs sent shockwaves through markets, seeing Apple stock slide more than six percent in late-night trading Wednesday. The president announced that blanket 10 percent tariffs on all countries and much higher levies on “worst offenders” such as China and Taiwan.

ABC News can confirm that layoffs have begun at the Department of Health and Human Services, including at the Food and Drug Administration and the Centers for Disease Control and Prevention.

At least four Republican lawmakers are planning to attend President Trump’s “Liberation Day” event celebrating his new slate of tariffs, according to a White House official. Senate Majority Leader John Thune,

Donald Trump is preparing to unveil a raft of new tariffs on Wednesday afternoon in what the president has repeatedly billed as “Liberation Day.” Trump has promised to roll out reciprocal dollar-for-dollar tariffs on nations that levy duties on U.