U.S. Markets Slide as Tariffs and Economic Concerns Weigh on Investors

Stock futures drop following a difficult week, with tariffs and economic uncertainty driving market volatility.

Major U.S. indices, including the S&P 500 and Nasdaq, experienced significant declines last week, with the Nasdaq entering correction territory after falling over 10% from its December peak.
President Trump's recent tariffs on Canada, Mexico, and China have raised concerns about economic growth, with critics pointing to their negative impact on stock performance and consumer costs.
Economists and market analysts, including Peter Schiff and Mohamed El-Erian, have highlighted the uncertainty surrounding U.S. trade policies and their effects on investor confidence and market stability.
Economic data, including a weaker-than-expected February jobs report and inflation metrics, has fueled fears of a potential recession, though some see the current market dip as a buying opportunity.
Global factors, such as deflationary pressures in China, have added to market volatility, while safe-haven assets like gold and the Japanese yen have gained traction.