President Trump's new tariffs triggered a significant global economic downturn, impacting numerous countries and causing substantial market losses.
The sudden imposition of tariffs led to a dramatic decline in global equity values, wiping out trillions of dollars in just a few days.
This economic disruption affected various markets, including stocks, oil, gold, and cryptocurrencies, reflecting widespread uncertainty.
Experts predict a heightened chance of a global recession due to the severity and far-reaching consequences of these trade actions.