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Global markets tumble amid fears of tariffs and a potential recession under Trump's trade policies.
Global markets are experiencing significant volatility due to uncertainty around U.S. President Donald Trump's upcoming tariff announcements.
The S&P 500, Nasdaq, and Dow Jones all had their worst quarters since 2022, with tech-heavy Nasdaq dropping 10.4%.
Investors are concerned about potential economic fallout, with Goldman Sachs raising the probability of a U.S. recession to 35%.
They are turning to safer assets, like gold and government bonds, as equities tumble and fears of stagflation grow.
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