- Analysts are closely watching April 2 for potential new U.S. tariff announcements, as President Trump has already imposed and threatened further tariffs on key trading partners, including the EU, Canada, Mexico, and China. Market concerns about a possible recession are rising, with Deutsche Bank reporting a 43% average expectation of a downturn, while opinions within Trump's cabinet remain divided on the economic impact of his trade policies.
Analysts have a date metaphorically circled in the calendar a little over a week from now: April 2, the day further tariff pledges are expected to be confirmed, and potentially the moment when a universal tariff is announced.
