The US tariff policy and the fear of economic slowdown in the US in the minds of investors affected Wall Street. By Monday, after the highest position last month, investors’ 4 trillion dollars were wiped off from the US stock market.

This is close to Rs 349 lakh crore in Indian currency.

News agency Reuters reported that US President Donald Trump’s various policies have created uncertainty among many companies, customers and investors. The US is embroiled in a tariff conflict with its three major trading partners – Canada, Mexico and China. It is estimated that this tension has affected the US stock market.

The ‘health’ of Wall Street was not very good for the last few days. On Monday, the US stock market saw further decline. Incidentally, on Sunday itself, the American news medium ‘Fox News’ published an interview of the US President. There he was asked whether the new tariff policy would have any effect on the country’s economy. Without commenting directly in response, Trump said, “I don’t like to make any such predictions. What we are doing is a huge task. So now we are going through a phase of change. We are bringing back America’s wealth. This is a huge task.” Trump has also admitted that it will take some time to reach this goal. It was only after this statement of the US President that the fear of recession arose in the minds of investors in the stock market. Many people believe that the US economy may face a recession, and Trump is not dismissing this apprehension.

The ‘S&P 500’ index fell 2.7 percent at the time of market closing on Wall Street on Monday. This is the biggest decline in the ‘S&P 500’ index this year. The Nasdaq index also fell 4 percent on Monday. This is the biggest one-day decline of Nasdaq since September 2022.

The heads of many American companies believe that this situation has arisen due to the recent tariff policy. Lazard’s chief executive Peter Orszag told Reuters, “This uncertainty has arisen due to the situation of tariff war with Canada, Mexico and Europe.” According to him, people can understand the reason for tension at the diplomatic level with China. But the tension with Canada, Mexico and Europe is quite confusing for the common people. If this situation does not improve by next month, then America’s economic progress is likely to be really harmed, he believes.

On Monday, the share price of the flight company ‘Delta Airlines’ fell by 14 percent. The atmosphere full of uncertainty in the US economy is being blamed for this, says the company’s chief executive officer Ed Bastin. Ross Mayfield, a market expert from Kentucky, said that looking at the Trump administration, it seems as if they do not want to do anything to stop the decline in the stock market. To achieve their big goals, they may even accept a recession.