On April 2, President Trump will announce his reciprocal tariff initiative in a high-profile event at the White House. Treasury Secretary Scott Bessent confirmed that the announcement will take place at 3 p.m., marking a pivotal moment in U.S. trade policy. The tariffs could affect international relations with key trading partners, including China and Europe. Market analysts are bracing for potential volatility in response to this critical announcement. Understanding the ramifications of these tariffs is essential for businesses and consumers alike. Stakeholders should prepare for shifts in market dynamics as the announcement looms and impacts ripple through global economies.