President Donald Trump’s plan for reciprocal tariffs on April 2 is expected to be more targeted and narrower than what the president has vowed in the past, but the plan is still under discussion, sources told ABC News.

U.S. stock index futures are pointing to a higher opening after reports that Trump will narrow the scope of tariffs he plans to impose on April 2.

Markets remain locked into the slightest developments in President Donald Trump’s tariffs strategy — the result of a vacuum of uncertainty that’s forced investors to try to fill in the blanks.

U.S. stocks end higher, with nerves soothed after Trump narrows the scope of tariffs he plans to impose on April 2. Investors it means no trade war.

President Donald Trump indicated Monday that he could announce new tariffs on imported cars as soon as this week, as his administration works toward a larger "reciprocal tariff" package hitting a broad swath of countries on April 2.