United States President Donald Trump has confirmed that his administration is preparing to announce a sweeping set of reciprocal tariffs on Wednesday. Speaking to reporters aboard Air Force One, Trump made clear that the new tariff plan would apply to virtually all nations. “You'd start with all countries, so let's see what happens,” he said, emphasizing the broad reach of the proposed measures.

“Essentially all of the countries that we're talking about,” Trump added, indicating that the new levies will not be limited to a select group of nations but rather applied globally. The reciprocal tariffs are part of a broader effort to realign trade relationships and assert U.S. economic interests in the international market.

Trump also mentioned that he is considering whether to impose secondary tariffs on Iran, suggesting that a decision on that front is forthcoming. Such a move would likely be seen as a continuation of the administration's tough stance on Tehran and its regional activities.

The president previously stated that April 2—the date on which the tariffs are scheduled to be unveiled—would mark “Liberation Day” for the United States. While he offered no further elaboration on the term, it signals the importance he places on this upcoming economic policy shift. The phrase implies a decisive turning point in U.S. trade policy, possibly aimed at reducing perceived imbalances with global partners.

As the announcement approaches, there is growing anticipation regarding the full scope of the tariffs and how they will impact global trade dynamics. With Trump now in his second term, the initiative reinforces his administration’s ongoing commitment to protecting American industries and promoting what he describes as fair and reciprocal trade practices.