Trump's Tariffs Expected to Trigger Market Volatility

U.S. equity markets exhibited volatility as investors awaited President Donald Trump's tariff announcement, termed 'Liberation Day,' which is expected to take immediate effect. Analysts are concerned about the uncertainty surrounding the specifics of the tariffs, which could range from blanket 20% levies to targeted measures, potentially impacting economic growth and consumer spending. Markets closed mixed, with the S&P 500 slightly down and technology stocks showing modest gains. The imminent tariffs, including a 25% levy on auto imports, have led to heightened caution among investors, contributing to fluctuations in stock prices and Treasury yields. Economists have revised growth forecasts downward in light of potential inflationary pressures stemming from the tariffs. The overall sentiment remains fragile as traders await clarity on the scope of the tariffs and their long-term implications.