• U.S. stock futures plummeted amidst fears of a new 'Black Monday' due to President Trump's recent tariffs.
• Analysts warn that the global market is on the brink of collapse, recalling the devastating crash of 1987.
• China retaliated with its own tariffs, adding to concerns of a potential recession and economic uncertainty.
• Despite initial panic, some experts believe the worst may be over, as stocks begin to show signs of recovery.

U.S. stock futures dropped sharply on Sunday evening, spurred by widespread concerns regarding President Trump’s sweeping tariffs on imports. The Dow Jones Industrial Average futures indicated a significant decline, forecasting a rough opening for Wall Street on Monday morning, causing ripples of anxiety across global markets. Major economic analysts like Jim Cramer warned of potential parallels to the infamous "Black Monday" of 1987, which witnessed a staggering 22.6% drop in a single day.

The stock turmoil follows President Trump’s announcement of a 10% baseline tariff on nearly all imports, implemented in response to longstanding grievances about trade practices by multiple countries, particularly China and the EU. On Friday alone, the U.S. markets saw an unprecedented loss of nearly $5 trillion, with the Dow losing close to 4,000 points.

China reacted swiftly, announcing a 34% tariff on U.S. goods as a direct countermeasure, which exacerbated fears of a worsening trade conflict. Some experts express concern that this escalating trade war could lead to a global recession. Notably, discussions around the tariffs murky the waters of predictability, with officials like Professor Josef Gregory Mahoney emphasizing a growing sentiment among analysts that the current situation resembles the 1987 market crisis.

After a tumultuous Monday where markets suffered initially, signs of recovery emerged as U.S. stocks rebounded on Tuesday, leading figures like Trump’s crypto czar David Sacks to declare that the “Black Monday hoax is over.” The Dow rebounded 930 points as optimism surfaced following rumors of potential negotiations with key trading partners like South Korea and Japan.

With tariffs remaining a key discussion point, Trump’s administration hints at ongoing negotiations, which could influence market stability going forward. The combined impact of international tariffs and domestic market reactions illustrates the fragile state of global trade relations and investor confidence.

As the market continues to react to these high-stakes economic policies, analysts remain vigilant, cautioning that while some recovery is underway, the long-term effects of tariffs may alter the financial landscape significantly. Until there is clarity on trade policies, both domestic and international investors will have to navigate these unpredictable market conditions.

For more details, check the original articles from The Hill, Newsweek, TRT World, and India Times.