Market Losses Due to Trump's Tariffs
March 11, 2025
Global markets faced significant losses due to tariffs imposed by the Trump administration, raising fears of a recession. Major indexes like the S&P 500 and Nasdaq dropped, with Tesla experiencing its worst performance since September 2020. Markets in Asia and Europe mirrored the decline, as investors sought safe havens amid uncertainty. Despite the concerns, Donald Trump avoided a direct response regarding the likelihood of a recession.