Trump to Announce Reciprocal Tariffs on ‘Liberation Day’ – Global Trade on High Alert
Key Highlights:Why the World Is WatchingWhat Will the Tariffs Mean?India in the CrosshairsTrump’s ‘Liberation Day’: What’s Behind the Name?Recession Risks LoomBusiness Reactions MixedWhat Comes Next?Trade Reset or Trade War?Washington, April 2:In what is being dubbed ‘Liberation Day’, the world is bracing itself for a potential shift in global trade dynamics as US President Donald Trump prepares to announce a major round of reciprocal tariffs. The announcement will be made today, April 2, during a special address from the Rose Garden of the White House, with tariffs taking immediate effect once declared.According to US Treasury Secretary Scott Bessent, the announcement is scheduled for 4 PM Washington time (1:30 AM IST on April 3). The event will be streamed live on all of...