Reciprocal tariffs set to be announced by President Trump at a Rose Garden event Wednesday will immediately take effect, according to the White House. “My understanding is that the tariff announcement will come tomorrow,

Trump's reciprocal tariffs take effect April 2, targeting nations like India and the EU. Here's who's hit, and how countries may respond.

President Trump has hyped the announcement as “Liberation Day” but has sought to dial down anxiety about it, saying the tariffs will be “more lenient than reciprocal” and “kind.”