Global stock markets have experienced significant declines due to escalating concerns over U.S. President Donald Trump's tariff policies and their potential impact on economic growth.

United States:

• On Monday, the S&P 500 fell 2.7%, the Dow Jones Industrial Average dropped nearly 900 points (approximately 2.1%), and the Nasdaq Composite decreased by 4%.

Asia:

• Japan's Nikkei 225 declined 0.8%, closing at a six-month low, while South Korea's Kospi fell 1.2%.

   

• Hong Kong's Hang Seng Index decreased by 0.6%, and Australia's S&P/ASX 200 dropped 0.9%.

   

Investor Sentiment:

The market downturn is largely attributed to fears that ongoing trade tensions and tariff implementations could hinder U.S. economic growth and potentially lead to a recession. President Trump's recent comments about a "period of transition" and his reluctance to rule out a recession have intensified investor anxieties, leading to a shift towards safer assets like the Japanese yen.

Additionally, major economies such as Europe and China are implementing policy measures to attract more investment amidst the uncertainties caused by U.S. tariffs, deportations, and job cuts.