Global Markets Slide as Trump's Trade Policies Stoke Recession Fears

US stock indices see sharp declines, with Tesla leading losses, as uncertainty over tariffs and economic policies rattles investors.

Major US stock indices, including the Nasdaq, Dow Jones, and S&P 500, suffered significant losses, with the Nasdaq dropping over 4%—its steepest fall in over two years.
Tesla's stock plunged 15%, erasing post-election gains, as CEO Elon Musk's dual role as government advisor and company leader draws criticism from investors.
US President Donald Trump's inconsistent tariff policies and remarks about a potential economic recession have heightened market uncertainty and fueled investor anxiety.
Economic indicators show growing concerns: US unemployment rose to 4.1% in February, consumer spending has declined, and inflation forecasts have worsened due to trade tariffs.
Global investors are shifting away from US equities, favoring safer assets like bonds and diversifying into European and Chinese markets, as fears of a US recession intensify.