President Trump reassured the public about the impact of his tariffs on the global market, stating that everything will improve. Despite recent market volatility, he expressed confidence in the USA's economic outlook. The Treasury market experienced heightened yield, causing concerns about potential risks in the financial system. Trump's tariff policies have sparked fears of a recession among investors, especially after China imposed retaliatory tariffs following US duties on their exports. Some believe that buying opportunities may arise if the S&P 500 index dips below certain levels, while others remain cautious. The current economic situation is considered unprecedented and historical comparisons may not be entirely relevant. Concerns of stagflation, where growth stagnates, inflation persists, and unemployment rises, have surfaced. The uncertainty surrounding trade policies and other governmental decisions has contributed to market volatility and may continue to do so.