Economists, Wall Street traders — really, anyone who has a stake in the health of the U.S. economy — are all holding their breaths right now ahead of President Donald Trump’s planned ‘Liberation Day’ Wednesday. That’s when he’s promised to put in place a slew of new tariffs on imported goods from all over the world. But the scope of Trump’s plans is still unclear, and that’s injecting a ton of uncertainty into an already uncertain economy, all while polls show voters are losing confidence in the president’s ability to bring down prices. Neil Irwin, chief economic correspondent for Axios, explains what Trump’s murky tariff plans could mean for average Americans.

And in headlines: Republicans sweat over a pair of special Congressional elections in Florida today, the Trump administration said it deported more alleged gang members to El Salvador, and Attorney General Pam Bondi told the Justice Department to drop a Biden-era lawsuit against a Georgia voting law.

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