US stock futures fell on Tuesday as the deadline for President Trump to impose reciprocal tariffs on US trading partners nears.
Futures for the Dow Jones Industrial Average slipped by 0.2%, while S&P 500 and Nasdaq Composite futures dropped by 0.3%. Despite a brief market rebound on Monday, the markets closed both the month and the quarter in the red, driven by concerns over Trump’s ongoing trade war.
Investors Brace for Trump’s April 2 Tariff Announcement
Investors are closely watching April 2, when President Trump is expected to announce reciprocal tariffs on all US trading partners in a Rose Garden event, which he has dubbed “Liberation Day.”
Trump’s fluctuating comments about the scope and nature of the upcoming tariffs have created market uncertainty. Stocks have surged when there were hopes for limited tariffs but have fallen on news of potentially harsher duties.
Economic Concerns Heighten Amid Tariff Uncertainty
Concerns are growing that the US economy may struggle to withstand broad tariffs, especially as sentiment weakens, economic growth slows, and inflation remains stubbornly high. These fears have fueled volatility in the markets.
Despite the market fluctuations, Trump’s remarks have left many questions unanswered. Some analysts are preparing for a possible negative surprise regarding the tariffs, while others remain cautiously optimistic that the policy uncertainty could finally come to an end.
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