Trump's tariffs drive U.S. stocks into a bear market, sparking concerns of recession.

From Yahoo Finance: 2025-04-07 12:48:00

President Donald Trump’s tariffs have caused U.S. stocks to enter a “bear market,” sparking worries of higher prices and a potential recession. The aggressive tariff plan is set to escalate with even higher tariffs on dozens of nations. The recent 10% tariff led to a 20% stock decline, plunging the U.S. into a bear market. A bear market is a 20% decline from a recent peak and can be a precursor to a recession. Investors are concerned about the future of the economy amid the ongoing trade war initiated by Trump’s tariffs.



Read more at Yahoo Finance: What is a bear market? Stocks take dive amid Trump tariffs, worries of trade war