Axios
For the next three days, one man holds the global economy in the palm of his hands, literally and figuratively — and almost no one but him knows what will happen.
Why it matters: Every Wall Street trader and economist has “April 2” circled on their calendars. The consensus is that tariffs are coming, but the fear is in the unknown: how aggressive the measures will be.
The big picture: Financial markets hate surprises, yet that is what the Trump administration looks set to do this week — with mixed signals from the president himself about what will happen on Wednesday.
- The uncertainty, already tanking the stock market and economic sentiment, might be swapped for an unprecedented trade regime that would force businesses to adjust virtually overnight.