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Markets React to Trump's Tariff Plans with Volatility and Optimism

Global stocks fluctuate as investors weigh a potentially targeted approach to U.S. reciprocal tariffs set to begin April 2.

  • President Trump confirmed reciprocal tariffs will start April 2, with possible exemptions for certain countries and sectors.
  • U.S. consumer confidence fell to its lowest level in months, reflecting ongoing economic concerns tied to trade policy uncertainty.
  • Tesla stock surged nearly 12% Monday, leading gains in technology stocks as optimism grew over a narrower tariff scope.
  • The Federal Reserve is expected to maintain a cautious stance on interest rate adjustments amid persistent inflation concerns and trade uncertainty.
  • U.S. manufacturing showed contraction while services rebounded, highlighting the uneven economic impact of looming tariffs.
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