On April 2, IG analysts stated in a report that if the United States announces tariffs tonight and trade policies remain unclear, the prices of risk assets may further decline. They noted that investors are still "deeply uncertain about the scope, scale, and targets of these measures. The lack of transparency has exacerbated investor anxiety, driving gold prices to record highs."

The United States is facing factors such as manufacturing slowdown, rising inflationary pressures, and weak consumer spending, which complicate the Federal Reserve's role. The global markets are currently in a stagnant state, but once tariff policies are announced, they will face "significant volatility," with potential substantial fluctuations in stock markets, foreign exchange markets, and commodity markets. (Jintian)