Trump’s Second Term Sparks Historic Market Drop

President Donald Trump began his second term by holding a rally in Michigan to highlight his administration's achievements, but the first 100 days were marred by historic stock market declines, with the S&P 500 dropping over 7% and more than $4 trillion in value lost. Analysts attributed the downturn to aggressive tariffs, escalating trade wars, and policy unpredictability, which fueled investor anxiety and recession fears. Consumer confidence has fallen for five consecutive months, and most Americans express dissatisfaction with Trump's economic management despite a modest decline in inflation. The administration has also enacted sweeping foreign policy changes, including pressuring Ukraine and shuttering key agencies, which has further increased domestic and global uncertainty. Business leaders and experts have widely criticized the volatility and negative economic impacts of these policies. The overall outlook remains unsettled, with both markets and public sentiment reflecting deep concern.