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Investors hope April 2 could bring some tariff clarity and relief. That may not happen

April 2 may provide clarity on U.S. tariffs, with Wall Street hoping to reduce recent market volatility as the S&P 500 is over 8% off its all-time high.
Gabriela Santos, chief market strategist for J.P. Morgan Asset Management, stated that a mere framework will not suffice for a relief rally as a detailed plan is necessary.
Many investors are skeptical about receiving real clarity soon, as the complexities of tariff discussions may take weeks or months.
Brett Ryan, senior U.S. Economist at Deutsche Bank Securities, warned that a 'maximalist' tariff approach could raise average tariffs to over 16%.

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Detroit Free Press

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USA Today

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President Donald Trump's new 25% tariff on all cars and light-duty trucks takes effect in the U.S. on April 2. Here are frequently asked questions.

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