The U.S. stock market has experienced a dramatic decline since President Trump resumed his term in January, wiping out over $10 trillion in value. This steep loss follows two days of record-breaking sell-offs fueled by escalating trade tensions with China. The pressure on equities continues to increase despite brief rebounds, and investor confidence remains low due to mounting recession concerns. A significant contributing factor is President Trump’s announcement of large tariffs on Wednesday, which prompted a retaliatory tariff from China starting next Thursday. This development further exacerbated market instability as hopes for a trade resolution dwindled quickly.