Trump says tariffs coming in April will 'probably be more lenient than reciprocal'

President Donald Trump indicated that tariffs set to go into effect on April 2 will likely be more lenient than reciprocal, with few exceptions, as ongoing discussions continue. Concerns about a tougher approach dampening consumer and corporate sentiment have led to a drop in the Conference Board’s measure for consumer expectations, while stocks have struggled, with the S&P 500 falling 3% in the past month and entering correction territory. Investors are closely monitoring the situation amid fears of a potential slowdown in the U.S. economy.

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