#BlackMonday : Global Recession Fears Rattle Stock Markets After Trump’s Tariffs

Today, global stock markets are facing a crisis reminiscent of the “Black Monday of 1987,” as concerns grow over a potential global recession triggered by Donald Trump’s new tariffs.

Markets in Asia and Europe experienced significant losses following the U.S. tariffs on major trading partners, including the EU and China.

• Tokyo dropped by 7.8%

• Seoul fell 5.6%

• Hong Kong lost 13%, marking its worst day since 2008.

In Europe, major indexes also plunged:

• Frankfurt down by 7.86%

• Paris lost 6.19%

• London fell by 5.83%.

The introduction of a 10% tariff on all U.S. imports, along with increased tariffs on key partners, prompted an immediate retaliation from China, announcing a 34% tariff and export restrictions on vital minerals.

Trump’s refusal to reconsider his stance, arguing that the U.S. needs to “take the medicine” to address trade imbalances, only deepened the panic. Sectors like technology, automotive, and energy bore the brunt of the losses.

Analysts are warning of a growing risk of recession in the U.S., with potentially long-lasting effects worldwide. The slump in oil and copper prices is a clear indicator of declining demand.

With the Trump administration holding firm, volatility is expected to persist unless a swift correction occurs to prevent a deeper economic crisis.