<h2>Introduction</h2>
<p>April 2 is expected to shed light on U.S. tariffs, as Wall Street aims to stabilize recent market volatility, with the S&P 500 currently more than <strong>8%</strong> below its all-time high.</p>

<h2>Context</h2>
<p>Amidst the ongoing discussions, many investors express skepticism about the timeline for gaining genuine clarity. The complexity of tariff negotiations may extend the process for weeks or even months.</p>

<h2>Developments</h2>
<h3>Market Reactions</h3>
<ul>
<li>Gabriela Santos, chief market strategist for J.P. Morgan Asset Management, emphasized that a simple framework will not suffice for a relief rally; a comprehensive plan is essential.</li>
<li>Brett Ryan, senior U.S. economist at Deutsche Bank Securities, cautioned that adopting a 'maximalist' tariff stance could push average tariffs above <strong>16%</strong>.</li>
</ul>

<h2>Conclusion</h2>
<p>As April 2 approaches, the ramifications of the tariff discussions will be closely monitored by investors eager for stability in the market.</p>