Overview

• President Trump is scheduled to announce auto import tariffs today, adding to trade uncertainty as April 2's reciprocal tariff rollout nears.
• The administration has hinted at a more lenient approach, with potential exemptions for some countries, though specifics remain unclear.
• Market volatility persists as investors react to mixed signals from the White House, with indices fluctuating in response to tariff-related developments.
• Consumer confidence in the U.S. has dropped to a four-year low, reflecting fears over the economic impact of tariffs and broader uncertainty.
• Economists warn the tariffs could disrupt global trade, increase inflation, and strain relationships with key U.S. trading partners.