Wall Street Endures Worst Quarter In Years As Trump’s Tariff Plans Stir Stagflation Fears

Wall Street suffered its worst quarter in nearly three years as Trump’s tariff threats fueled fears of stagflation, according to the Financial Times. Market sentiment weakened amid concerns that new tariffs on imports like steel and aluminum could further slow growth and drive up prices. Investors are awaiting Trump’s upcoming “Liberation Day” event, where more levies are expected. Big Tech stocks declined sharply amid growing concerns about the economy and the sustainability of heavy investment in artificial intelligence infrastructure. Shares of major players like Nvidia, Tesla, Apple, and Microsoft all experienced steep losses during the quarter.