The implementation of U.S. President Donald Trump’s new tariffs on dozens of countries has escalated global trade tensions, triggering widespread market volatility and economic anxieties. Despite attempts to engage in dialogue with certain nations, these punitive measures have disrupted the established international trading order, raising concerns about a potential economic recession and significant dips in major stock markets. The S&P 500 index alone has experienced nearly $6 trillion in losses since Trump’s tariff announcement, marking the largest four-day drop in its history since it was introduced in the 1950s. This decline brings the index closer to a bear market designation of a 20% fall from previous highs. Following a short pause, Asian markets resumed their sell-off on Wednesday, with the Nikkei Index declining over 3%, and the KOSPI in South Korea dropping more than 1%.