US markets took a hit on Tuesday as a sell-off in global shares eased in Europe following a sharp fall in US stocks. Investors growing concerned about the negative economic impact of President Donald Trump’s tariffs contributed to the plunge.
The sell-off came after President Trump acknowledged in a TV interview that the US economy was going through a “period of transition”, sparking worries about a potential recession. Since then, top Trump officials and advisers have been working to reassure investors and calm fears.
The uncertainty surrounding the US-China trade war and the potential implications for the economy have sparked volatility in the markets. Analysts are closely watching how the situation will unfold and what impact it may have on global economic growth.
As the US continues to navigate through a period of economic uncertainty, investors are advised to stay informed and prepared for any potential changes in the market.
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