Description

Starting on April 2, 2025, global stock markets crashed amid increased volatility following the introduction of new tariff policies by United States President Donald Trump during his second term. On April 2, which he called "Liberation Day", Trump announced sweeping tariffs impacting nearly all sectors of the US economy. The announcement triggered widespread panic selling across global stock markets, including those in the United States. It became the largest global market decline since the 2020 stock market crash, which occurred during the recession caused by the COVID-19 pandemic.