Goa, April 2 -- President Donald Trump is set to announce his much-anticipated reciprocal tariffs today, with markets and governments worldwide bracing for the impact of the new trade policy. Dubbed "Liberation Day" by Trump, the move is intended to reduce the United States' reliance on foreign goods by imposing tariffs on a broad range of nations.

In a bold statement, Trump declared that the tariffs would target "all countries," leaving no room for speculation that the measures would focus on a select group of nations. "You would start with all countries, so let's see what happens," Trump told reporters, signaling the expansive nature of the plan. He added that he had not heard rumors of focusing on only 10 to 15 countries, emphasizing ...