Mars Finance News, on April 2, Trump will announce his reciprocal tariff policy at an event in the White House Rose Garden. Several industry analysts have expressed their views on the upcoming tariff content and market fluctuations. Ethan Harris, former Chief Economist at Bank of America: Trump's so-called "Liberation Day" is likely just one of many steps in the ongoing trade war and unlikely to provide the clarity investors, businesses, and households desire. Even if the trade war ends, the US economy will still weaken due to other policy aspects, such as government spending cuts and employment. Garrett Melson, Portfolio Strategist at Natixis: The fact is that market sentiment has been diluted, and positions remain quite light. I don't think we'll get the clarity investors and business leaders want. We've spent a lot of time discussing tariffs, but more importantly, we're facing an economy that isn't running at full capacity. Investors are waiting and watching. Chris Weston, Research Director at Pepperstone: We're about to enter Trump's spotlight moment. Many have deleveraged and are trying to remain as stable or neutral as possible in stocks, dollars, and US Treasuries. While theoretically, a 20% comprehensive tariff rate would be seen as a net positive for the dollar, the market is most concerned about whether tariffs will accelerate the risk of stagflation in the US economy. Vasoo Menon, Managing Director of Investment Strategy at OCBC Bank: Trump calls April 2 Liberation Day, but investors are unlikely to truly be relieved from tariff uncertainty. If other countries take retaliatory actions, Trump might raise the stakes - a possibility that could continue to make investors nervous. Jim Reid, Analyst at Deutsche Bank: Trump will announce high tariffs, and other countries may respond with their own retaliatory measures. This prospect heightens inflation concerns. Investors are worried that US tariffs will be met with retaliatory actions, which could, in turn, lead to further escalation. Wells Fargo Economists: "Preventive" measures before tariffs and efforts to reduce import risks have pushed up the manufacturing price index, while ongoing uncertainty is suppressing potential demand, leaving manufacturers eager to know the specific tariff measures. Carol Kong, Foreign Exchange Strategist at Commonwealth Bank of Australia: The market will be tense before Trump announces tariffs. Market sentiment will be influenced by further tariff news, which in turn will drive exchange rates before major announcements are made. (Jin Shi)