Trump will unveil a new set of reciprocal tariffs on Wednesday that will take effect immediately, according to CNBC. Trump has called the measure “the big one” and suggested it would apply to all countries with existing duties on U.S. goods. Leavitt said Trump finalized the tariff levels Tuesday night and is working with his team to deliver the perfect deal for American workers. The announcement will coincide with a Rose Garden speech on Wednesday during a “Make America Wealthy Again Event.”