World leaders are on edge as they await details of US President Donald Trump’s latest round of tariffs, set to be unveiled on April 2. While speculation continues, the specifics remain largely unknown, heightening global economic tensions.

White House Press Secretary Karoline Leavitt confirmed that President Trump spent the day with his trade and tariff team, refining the final details of the measures. However, she declined to reveal any specifics, stating that the full details would be disclosed on Tuesday.

Speaking from the Oval Office on Monday, Trump told reporters that he had “settled” on the final terms of the tariffs, calling April 2 “Liberation Day.” The president’s language suggests a significant move in his administration’s ongoing trade policies, but without formal confirmation, the scope and impact of the tariffs remain uncertain.

The European Union has signaled its readiness to retaliate if necessary, indicating potential trade conflicts between the US and its international partners. Meanwhile, UK Prime Minister Keir Starmer has taken a more cautious approach, stating that Britain aims to avoid “a knee-jerk response” and will assess the situation carefully before making any decisions.

These tariffs will add to existing US trade restrictions, which already include levies on aluminum, steel, and vehicles, as well as increased tariffs on all goods imported from China. With global markets bracing for potential economic shifts, all eyes are on Washington as the world waits for Trump’s next move.