Donald Trump's tariff announcement: When and where to watch his live address

United States President Donald Trump - File Photo

Keeping world economies on the edge on what is feared to spark a global trade war, Donald Trump is set to announce his “Liberation Day” tariffs. The US President says reciprocal action is needed because the world's biggest economy has been "ripped off by every country in the world.”

Trump is poised to unveil the sweeping measures in the Rose Garden of the White House at 4:00 pm (2000 GMT), which is 1:30 am as per India time, on Wednesday.

White House Press Secretary Karoline Leavitt confirmed the event and said, “The president will be announcing a tariff plan that will roll back the unfair trade practices that have been ripping off our country for decades. It’s time for reciprocity and it’s time for a president to take historic change to do what’s right for the American people.”

On Tuesday, Leavitt confirmed that the tariffs will come into effect immediately after the announcement by Trump. She hinted that there was room for negotiation with other countries.

“Certainly, the president is always up to take a phone call, always up for a good negotiation, but he is very much focused on fixing the wrongs of the past and showing that American workers have a fair shake,” Leavitt said in press briefing at the White House.

Here’s everything you need to know about the event:

When to watch: Trump will make the announcement at the Rose Garden of White House at 4:00 pm (2000 GMT), which is 1:30 am as per India time, on Wednesday (April 2).

Where to watch: Trump’s announcement is likely to be live streamed on his social media handles, and also on the official YouTube channel of the White House. All national and international news channel will also be live streaming the event.

While Trump insisted he had decided on the reciprocal tariffs hitting countries that have targeted the world's biggest economy, the White House admitted he was still ironing out details hours before the announcement.

Early Wednesday, Trump posted a one-liner on his Truth Social platform: "It's Liberation Day in America!"