A sharp drop in the US Stock Exchange following Trump’s remarks about the recession

reports
Tesla Company shares, under the management of Ilan Mask, suffered the highest loss among corporations by 4.9 percent. The sharp decline in the US market also affected the Asian markets, with Taiwan’s goodness of Japan and Taiex fell more than 4.9 percent, and Hong Hong Kong’s stone also decreased by about 3.5 percent.

reactions to Trump’s business policies
The big fall occurred in a situation where Trump’s uncertain trade decisions and constant changes to his tariff policies have raised investor concerns. In an interview with Fox News, Trump said he would not reject the likelihood of the recession, but insisted that his policies would ultimately benefit the US economy.

Steve Okin CEO APAC Advisors told Algeria that Trump had no credit on tariffs and that the markets are unknown to the future.

Increased concerns about economic downturn

Bank Goldman Sachs has increased the likelihood of stagnation in the next 6 months from 5 % to 5 %. Bank GP Morgan Chase has quoted this possibility from 2 % to 5 % and has cited US extremist policies.

Peter Tucchman , New York Stock Exchange, described the situation as a “blood bath” and emphasized that fear of recession is the main reason for the market drop. Elizabeth Warren, Democratic Senator, accused Trump of endangering the American economy and warned that the stock market was a warning sign.

Rand Pal , a Republican Senator, also raised the rarest criticism from its own party and insisted that the market’s fall in response to tariffs should not be overlooked.
In contrast, Trump’s economic adviser, Kevin Heste, described the concerns as baseless and stated that these fluctuations were temporary and in the second quarter of the year, the positive effects of tax cuts will appear.

However, many economists have warned that Trump’s inappropriate trade and tariff policies may lead the United States to the recession.