Jamie Dimon warns Trump's tariffs may trigger inflation and recession while harming long-term US economic alliances, as Wall Street voices growing concern.
South Korea announces a $2 billion emergency package to support its auto industry affected by Trump's tariffs, aiming to mitigate significant financial impacts.
Andreessen Horowitz aims to raise $20 billion for a new megafund to invest in U.S. artificial intelligence companies, responding to global investor interest.
US stock markets tumble significantly as fears of a recession grow due to Trump's controversial tariffs, pushing the S&P 500 into bear market territory.
Goldman Sachs has increased its U.S. recession forecast to 45% amidst tariff-related economic turmoil, as banks warn of rising unemployment and inflation.