President Trump's tariffs on imports created a major economic shockwave, significantly affecting global markets and international trade.
The rapid decrease in stock market values demonstrated the immediate and severe consequences of these protectionist trade policies.
This economic uncertainty impacted various asset classes including gold, oil, and cryptocurrencies, highlighting the interconnected nature of global finance.
Economists are expressing serious concerns about the increased likelihood of a global recession stemming from the trade conflict and market volatility.
