Trump’s April 2 reciprocal tariffs will be effective immediately: White House Press Secy

US President Donald Trump's reciprocal tariffs will be effective immediately after they are announced on Wednesday, White House Press Secretary Karoline Leavitt told media on Tuesday.

"My understanding is that the tariff announcement will come tomorrow," she said, adding, "They will be effective immediately."

She said that Trump has been teasing April 2 for quite some time, which POTUS has repeatedly said will be America's "liberation day".

President Trump will address the media at a "Make America Wealthy Again" event in the Rose Garden post US market hours at 4 pm ET on Wednesday.

The report said that a firm decision has not been taken yet on forthcoming levies. A customised reciprocal plan and a tiered tariff system are said to be under consideration.

If the US administration decides on a customised reciprocal plan, exclusive reciprocal rates will be applied to countries on the basis of their existing levies and non-tariff barriers.

The reciprocal tariffs come after a series of other import duties that Trump has imposed since taking office in January. He has imposed levies on goods from Canada, Mexico, and China, and sector-specific tariffs on metals and imported cars.