Trump's rates to be in force immediately after being launched on April 2: White House

02 April 2025 01:31 AM IST Donald Trump plans to perform rates on Global Trading Partners on April 2 during an event in the White House Rose Garden. The White House said on Tuesday that President Donald Trump’s livestock tariffs would come into effect immediately after being announced on Wednesday. US President Donald Trump. (Reuters) “My understanding is that the tariff announcement will come tomorrow. They will be in effect immediately, and the president has mocked it for some time,” White House press secretary Karoline Leavitt told reporters on Tuesday. Trump plans on April 2 to carry out rates on global trade partners at an event planned for 16:00 in the White House Rose Garden, according to Bloomberg. “The president will announce a tariff plan that will roll back the unfair trade practices that have been ripping off our country for decades,” Leavitt told reporters in the White House. “It’s time for reciprocity and it’s time for a president to take historical change to do what is right for the American people.” Trump said on Sunday that the rates he plans to set up will apply to “all countries”. “You would start with all countries, so let’s see what happens,” Trump told reporters aboard Air Force One. Read also | ‘India Going to Drop Tariffs’: Trump’s daring claim before ‘Liberation Day’ he also mentioned on April 2 – when he would reveal reciprocal rates – as ‘Liberation Day’. When asked which countries would be affected by the rates, Trump said: ‘I have not heard a rumor about 15 countries, 10 or 15 … essentially all the countries we are talking about. We talked about all countries, not a cut off. ‘ Trump insisted that his rates be more “generous” than those charged against the United States. Read also | Which countries are likely to be hit hardest by Donald Trump’s ‘reciprocal rates’? “The rates will be very generous than the countries were to us, which means they will be friendlier than the countries were over the decades of the United States,” Trump said. “They ripped us off as no country has ever been ripped off in history and we’re going to be much nicer than they were for us. But this is nevertheless considerable money for the country. ‘ Read Breaking News, the latest UK updates, UK, Pakistan and other countries around the world on topics related to politics, crime and national matters. Read Breaking News, the latest UK updates, UK, Pakistan and other countries around the world on topics related to politics, crime and national matters. See fewer