In the past three weeks, the market value of the Big Seven has evaporated by $2.7 trillion

Fears of a “Trump recession” have significantly dragged down the U.S. stock market, according to Golden Finance, which has intensively introduced a series of tariffs since the Trump administration took office, leading to a decline in business and consumer confidence. According to a report by the U.S. Consumer News and Business Channel on March 14, in the past three weeks, the market value of the “Big Seven of U.S. Stocks” has evaporated by $2.7 trillion. U.S. economists and market participants are worried that the U.S. economy may experience a “recession” or even “stagflation” under the Trump administration’s escalating “tariff chaos”. (CCTV News)