Trump has repeatedly called April 2 “Liberation Day,” with promises to roll out a set of tariffs, or taxes on imports from other countries

Reciprocal tariffs on countries that impose duties on US goods would take effect immediately after Trump announces them, while a 25% tariff on auto.Reciprocal tariffs, US tariffs, trump's tariff announcement on April 2,

President Donald Trump has announced that on April 2 he will impose tariffs on countries engaged in “non-reciprocal” trade with the United States, but the formula for calculating reciprocal tariff

Ever since he returned to office for a second term in January this year, Donald Trump has constantly proved to be aggressive with tariff threats.

Trump has repeatedly referred to April 2 as "liberation day," saying a wide-ranging slate of reciprocal tariffs would rebalance U.S. trade relationships. Trump's plan for reciprocal tariffs next week, however, is expected to be narrower than he previously vowed, though the plan remains under discussion, sources told ABC News this week.

European Commission President Ursula von der Leyen said Brussels has a 'strong plan' to counter US President Donald Trump's long-touted but still-unspecified reciprocal tariffs.

US stocks are trying to rebound, with the Dow erasing an early 300-point drop to trade up. Investors see April 2 tariffs as catalyst for next move.

Analysts predict that reciprocal tariffs starting April 2 may impact equity markets, along with overseas market trends and FII activity. Investors will also focus on global developments, PMI data, rupee-dollar trends,