US President Trump’s proposed reciprocal tariffs, set to take effect on April 2, might not be as widespread as initially planned. Media reports from Bloomberg and CNN suggest that the tariffs will focus on the "dirty 15" nations with the highest trade imbalances with the US. This announcement led to a surge in US stocks, with the Dow Jones Industrial Average rising by 1.42% and the S&P 500 climbing over 2.27%.