Global Markets Open Amid Fears of a Recession Triggered by Trade Tensions

The global economic landscape is bracing for impact as international markets reopen following a tumultuous week marked by escalating trade tensions initiated by U.S. President Donald Trump’s tariff policies. Economists and investors alike are increasingly concerned about the potential onset of a worldwide recession, with stock market indices already showing significant declines. Trump’s unpredictable tariff strategy has drawn sharp criticism from leading economists such as Barry Eichengreen, Kenneth Rogoff, and Nobel laureate Joseph Stiglitz, who warn of severe repercussions for both the U.S. and global economies. The S&P 500 experienced its largest drop in five years, raising fears of further instability as trading resumes. Meanwhile, public dissatisfaction with Trump’s policies is growing, with protests emerging across the U.S., and even members of his own party voicing concerns over the economic fallout. Tech giants like Elon Musk have distanced themselves from Trump’s approach, advocating instead for reduced tariffs and closer cooperation between the U.S. and Europe. Market analysts predict ongoing volatility unless measures are taken to ease tensions, while some suggest temporary relief through a partial rollback of tariffs could stabilize markets.