India, April 1 -- US President Donald Trump will unveil a new tariff or 'reciprocal tariffs' plan on Wednesday, April 2, in his first Rose Garden press conference of his second term, which he has dubbed "Liberation Day".

White House press secretary Karoline Leavitt confirmed Monday that the full cabinet will be present for the event, but specifics of the plan remain uncertain as Trump and his administration have floated multiple, sometimes conflicting, proposals in recent weeks.

On Monday, Donald Trump said he would be "very kind" to trading partners when he unveils further tariffs this week, risking global turmoil to address what he says are unfair trade imbalances.

"We're going to be very nice, relatively speaking, we're going to be ...