<h1>Nasdaq Enters Correction Amid Recession Fears from Trump's Tariff Policies; S&P 500 Nears Similar Levels</h1> Stock markets are experiencing significant declines, with the Nasdaq index entering a correction and the S&P 500 nearing similar levels. This downturn is attributed to rising recession fears fueled by President Trump's aggressive tariff policies, particularly increased import taxes on steel and aluminum from Canada. While the economy remains stable, the uncertainty surrounding tariffs is causing concern among investors and economists. The Federal Reserve's Atlanta branch indicates a potential economic contraction, though most analysts predict continued, albeit slower, growth. The focus on tariffs over tax cuts and deregulation has heightened anxiety about a possible recession, with some experts estimating a 50% chance of an economic downturn.