As the trade wars launched by U.S. President Donald Trump continue to escalate, all eyes are on Wednesday. Trump has repeatedly called April 2 “Liberation Day,” with promises to roll out a set of tariffs,

A group of volcanic islands located near Antarctica and whose only inhabitants are colonies of penguins and seals is listed among foreign states subject to U.S. trade tariffs.

Russia and North Korea were excluded from Trump's tariff list as neither country engages in meaningful trade relations with the United States.