U.S. lost $4 trillion because of Trump

The wave of new presidential decisions has caused uncertainty for businesses, consumers and investors, especially over customs disputes with Canada, Mexico and China, Reuters reported.

The S&P 500 has already lost 8.6% from its Feb. 19 record, and a 10% drop would signal an official market correction. The tech-heavy Nasdaq is down more than 10% from its December high.

The selloff in stocks intensified on Monday, with the S&P 500 index falling 2.7%, its biggest daily drop this year. The Nasdaq lost 4%, its worst performance since September 2022.

Trump declined to predict whether the U.S. could be in a recession, despite investor concerns over his trade policies.

“Tariff wars with Canada, Mexico and Europe have created so much uncertainty that CEOs are being forced to rethink their plans,” said Peter Orszag, CEO of Lazard. ”Tensions with China are still understandable, but the conflict with Canada and Europe is perplexing. If this isn't resolved soon, the U.S. economic outlook could suffer.”

Investors are watching closely to see if Congress can pass a budget and avoid a partial government shutdown. An important inflation report will be released on Wednesday.

“The Trump administration seems willing to let the market fall or even a recession to achieve its goals,” said Baird investment strategist Ross Mayfield, ”This is a serious signal to Wall Street".

After two years of rapid growth, the stock market began to stall. Leaders from previous years, such as Nvidia and Tesla, suffered losses in 2025, dragging the major indexes down.

On Monday, the S&P 500 technology sector fell 4.3 percent, with Apple and Nvidia shares down 5 percent and Tesla losing 15 percent to lose $125 billion in market value.

Other risky assets were also hit by the fall, with bitcoin down 5%. At the same time, defensive sectors, such as utilities, showed better dynamics, and U.S. government bonds enjoyed increased demand - the yield on 10-year bonds fell to 4.22%.

Photo: CTK.