US stocks witnessed a significant decline on Thursday, with over $2 trillion in market value wiped out in response to President Donald Trump’s imposition of tariffs on foreign imports. The S&P 500 experienced a 4.8% drop, the Dow Jones Industrial Average plummeted by over 1,600 points, and the Nasdaq Composite Index saw a sharp decline of 6%. This sudden downturn has sparked concerns among investors about the possibility of an impending recession.