(Haiyun Jiang | The New York Times) President Donald Trump Holds up a report from the United States Trade Representative while he delivers remarks and signs tariffs in the Rose Garden of the White House, in Washington, on Wednesday, April 2, 2025. President Trump is set to unveil his most expansive tariffs to date on Wednesday afternoon, when he will detail potentially punishing levies on countries around the globe, including America’s largest trading partners.