The S&P 500 made slight gains, up 0.4% on Tuesday, buoyed by solid tech performances amidst a cautious market. The Dow Jones fell marginally by 11 points (0.03%) while the NASDAQ Composite rose by 0.9%. Despite these gains, the initial quarter of 2025 has been challenging, with the S&P 500 nearing 5% losses, the NASDAQ down over 10%, and the Dow almost 2% down.

Impending Tariff Announcement

Investors brace for a critical policy announcement. President Trump plans to impose reciprocal tariffs across various trading partners effective April 2. White House Press Secretary Karoline Leavitt confirmed that this will commence at 3:00 p.m. ET, coining the day as “Liberation Day.”

• Broad Tariff Measures: A potential blanket tariff of up to 20%, with specific tailored measures also possible.

• Revocation of Exemptions: Certain exemptions targeting China will be lifted, although small packages under 100 units may still enter duty-free.

• Automobile Tariff Initiatives: A planned 25% tariff on automobile imports is set to be enforced on April 3.

Market Concerns

These tariff measures are likely to impact global trade significantly, potentially introducing recessionary risks. The uncertainty surrounding new trade policy exacerbates worries about economic slowdowns, particularly with inflation pressures and weakening consumer spending.

For investors seeking further insights regarding growth metrics and impacts of these developments, detailed information can be explored on Entreprenerdly.com.