President Donald Trump will unveil plans to place reciprocal tariffs on nearly all U.S. trading partners on Wednesday.
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He'll be joined in the Rose Garden by his Cabinet, press secretary Karoline Leavitt announced Monday.
Leavitt said Trump believes "it's time for reciprocity" but said the details of the announcement — which have roiled the financial markets — are up to Trump to announce. She said Trump had been presented with several proposals by his advisers but the president would make a final decision and, right now, Trump wasn't contemplating any country-wide exemptions from the tariffs.
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