Wall Street experienced one of its worst trading sessions since 2020, with a staggering $2.5 trillion wiped off market value following President Trump’s announcement of sweeping global tariffs. The significant repercussions on the market reflect the heightened fears of an impending U.S. recession. Prominent Wall Street figures express their concerns about the broader implications these tariffs may have on the global economy. Investors must prepare for volatility as the effects of these tariffs ripple through the financial landscape.