Analysts closely watch April 2 for potential new US tariff announcements as President Trump has already imposed tariffs on key trading partners, including the EU, Canada, Mexico, and China. Market concerns about a possible recession are rising, with Deutsche Bank reporting a 43% average expectation of a downturn.
Source: https://fortune.com/2025/03/24/trump-april-2-deadline-wall-street-eu-tariffs-us-recession-fears