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President Trump has been actively pursuing an aggressive tariff policy during his second term, with significant developments leading up to April 1, 2025. On February 13, 2025, he signed a presidential memorandum directing federal agencies to develop a "Fair and Reciprocal Plan" for trade, with recommendations due by April 1, 2025. These reciprocal tariffs, intended to mirror the duties other countries impose on U.S. goods, were slated to take effect on April 2, 2025, a date Trump has referred to as "Liberation Day." Additionally, an executive order signed on January 20, 2025, instructed cabinet secretaries to submit trade practice reports by April 1, 2025, which could influence tariff decisions.Recent developments indicate that Trump has been finalizing his tariff plans. Posts on X from March 31, 2025, suggest he made statements in the Oval Office about settling on his "Liberation Day" tariff plans, catching some aides by surprise. Reports also indicate that the scope of these tariffs might be narrower than previously threatened, focusing on specific countries with significant trade imbalances, though details remain fluid as of the latest updates.Given that today is April 1, 2025, and considering the deadlines set by Trump’s prior directives, it is highly likely that a decision or announcement regarding tariffs—particularly the reciprocal tariffs—could be made public today. However, without real-time confirmation beyond the cutoff of the provided data, the exact nature of the decision (e.g., specific rates, targeted countries, or implementation timeline) cannot be conclusively stated. Historically, Trump has delayed or adjusted tariff plans at the last minute, as seen with earlier actions against Canada and Mexico, so any announcement today could still evolve.