US Stock Markets Drop as Investors Worry About Trump's Tariffs

US stock markets saw a sharp decline on Monday as investors grew concerned about the economic impact of President Donald Trump’s tariffs. 

The drop followed Trump’s comments in a TV interview, where he described the US economy as being in a "period of transition." His remarks raised fears of a possible recession, leading to a negative reaction in the stock market. 

The S&P 500 fell by 2.7%, the Dow Jones Industrial Average dropped 2%, and the Nasdaq, which focuses on tech stocks, fell by 4%. Major tech companies like Tesla, Nvidia, Meta, Amazon and Alphabet also saw significant losses, with Tesla’s shares dropping by 15.4%.

Asian markets also reacted negatively, with Japan’s Nikkei 225 falling 0.6% and South Korea’s Kospi declining 1.3%. However, European markets remained stable, with the FTSE 100 and German Dax opening without major changes.

Experts believe that the uncertainty surrounding Trump’s trade policies is causing instability in the markets. Investment analyst Tim Waterer said that Trump's unpredictable actions on tariffs are making investors nervous and leading to a negative market mood.