In recent days, US stock markets have faced considerable declines, with the Dow Jones industrial average falling sharply, down over 700 points, as looming tariffs announced by Trump spark fears of economic stagnation and inflation. The S&P 500 and Nasdaq have also seen significant drops, hitting six-month lows, as investors react to the uncertainty surrounding the tariffs. Global markets are affected as well, with shares plunging and gold reaching record highs. Analysts suggest that the potential economic repercussions of these tariffs could lead to an extended period of challenging market conditions. As markets brace for the upcoming tariff announcements and accompanying economic data, investor sentiment remains notably pessimistic.