JPMorgan CEO Jamie Dimon highlights significant economic turbulence in the U.S. due to ongoing trade tensions and tariffs under President Trump, raising recession concerns.
Global stock markets faced declines as investor concerns over potential resumption of tariffs grew after Trump's recent comments and clarification on Chinese tariffs.
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.