I guess my outlook is the exact opposite, honestly...
Q1 growth stalled because companies imported a ton of stuff end of Q1 to stockpile prior to tariffs taking effect in part due to confusion, but also as a safeguard - even if whatever they stockpiled wouldn't be enough to sustain a longterm trade war without alot of pain stateside.
We are now not even 1 month into OMG TARIFFS!!!!!! and China is already foregoing a ton of their imposed tariffs on imports because if the US doesn't totally cave, China's economy implodes if they can't sell their crap elsewhere - not in a couple years, more like months. Factor in the corporate behemoths who rely on China for way.too.much. and all parties involved don't want that sort of implosion to happen overnight. Low level tariffs will get carried through in a deal that still allows for the flow of cheap stuff coming in stateside from the far east, and a smaller can gets kicked further down the road.
Deals are gradually being sorted out with friendlier nations to reset the marketplace to a new normal. Meanwhile prices on essentials continue to drop.
The market has been gradually coming to terms with the fact that sometimes what the 🍊 man says either isn't exactly what he means or isn't an absolute that things have to shift 100% his way to "make a deal" . That should come as no surprise to anyone who's got a pulse over the past decade, but apparently it still does with far too many.
I think now is still a very good time to buy, and it will continue to be, for awhile. When the market tries to play the jump to conclusions game based on what comes out of Washington verbally, or even on a sandwich board in the Rose Garden, it tends to overreact more than a touch.