📅 Citi: April 2 Tariff Policy Day Could Trigger Major Market Moves
In its latest report, Citi outlines 3 key scenarios for the U.S. tariff announcement and their market impact:
1️⃣ Reciprocal Tariffs Only – Limited market reaction
2️⃣ Reciprocal Tariffs + VAT –
• DXY could jump 50–100 bps
• Global equities may fall
3️⃣ Reciprocal Tariffs + VAT + Sector Tariffs –
• Most severe market reaction expected
📉 After the worst Q1 start for the S&P 500 since 2020, analysts warn of downside risks ahead.
💥 “The April 2 market reaction will hinge on timing, sectors impacted, and global retaliation speed.”