As the U.S. prepares to unveil new tariffs on April 2, analysts predict significant market volatility based on the measures announced.
Citi's report outlines three potential scenarios for the U.S. tariff policy announcement on April 2, ranging from limited market reactions with only reciprocal tariffs to severe impacts with additional sector-specific tariffs. Analysts warn that the risks of declines may outweigh potential gains following a poor first-quarter performance for the S&P 500.