The market value of the seven tech giants in the U.S. stock market evaporated by $2.7 trillion in the past three weeks
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Golden Finance reported that the Trump administration intensively introduced a series of tariff policies at the beginning of its takeover, resulting in a decline in business and consumer confidence, and concerns about the "Trump recession" significantly dragged down the US stock market. According to the US Consumer News and Business Channel on March 14, the market value of the "Seven Tech Bigs of the US Stock Market" has evaporated by US$2.7 trillion in the past three weeks. American economists and market participants are worried that under the Trump administration's escalating "tariff chaos", the US economy may experience a "recession" or even "stagflation". (CCTV News)