The Dow Jones Industrial Average exhibited volatility on Tuesday amid market anticipation of impending tariffs. Recent U.S. business survey indices indicated contraction for the second consecutive month. U.S. tariffs are projected to be implemented immediately following Wednesday’s announcement. The DJIA fluctuated in response to weaker-than-anticipated U.S. Purchasing Managers Index (PMI) data, subsequently recovering as market participants speculated on potential Federal Reserve rate cuts. Investor activity remained subdued as markets await the anticipated tariff announcement from the U.S. President. Specific details regarding the scope and implementation timeline of the tariffs remain unclear. The Trump administration has engaged in a protracted period of tariff-related uncertainty, with numerous announcements, modifications, and reversals occurring over the preceding months. The President has maintained an April 2nd deadline, suggesting potential tariffs on various sectors, including automobiles, lumber, and pharmaceuticals, as well as broad tariffs affecting major U.S. trading partners. The tariff announcement is scheduled for Wednesday at 1900 GMT (4 pm EST) during a ceremony at the White House.
