A significant wave of risk aversion has hit global markets, with US equities entering bear territory due to new tariffs imposed by President Donald Trump. The S&P 500 has seen a decline of over 20% from its peak, marking a historic downturn. Asian markets also faced severe losses, with Hong Kong's Hang Seng index dropping 13%. Analysts predict a 60% chance of recession in the US, with concerns about inflation and corporate investment. European officials are debating how to respond to the tariffs without escalating tensions. Teljes cikk (Euronews.com)