Trump’s Tariff Proposal Sends Markets into a Tailspin, Investors Look to Economic Data for Clarity

Market instability has gripped the world following U.S. President Donald Trump’s announcement of a new tariff proposal, prompting investors to worry about global growth and sending stock markets into a significant downturn. The S&P 500 index suffered a staggering $1.5 trillion loss over two trading days, with a cumulative decline of $3.5 trillion, marking a period of unprecedented market turbulence. Tech giants like the Nasdaq were especially hard hit, falling more than 20% below its record high set in December last year and officially entering a technical bear market.