Trump Faces Pressure Over Tariffs Amid Market Plunge

President Donald Trump's recent tariffs have sparked a significant backlash, leading to a steep decline in the stock market and fears of a looming recession. Despite the turmoil, Trump urged his supporters to remain steadfast, dismissing critics and coining the term 'PANICAN' for those opposing his policies. Billionaire hedge fund manager Bill Ackman, once a Trump ally, has called for a 90-day pause on the tariffs, warning that they could result in an 'economic nuclear winter' and damage the U.S. economy by undermining confidence among business leaders. As markets continued to plummet, Trump remained resolute, threatening to raise tariffs further and abandon negotiations with China. The European Union has proposed a 'zero-for-zero' tariff deal, but Trump has indicated no interest in backing down from his aggressive stance. The economic fallout from these tariffs is expected to strain trade relations and impact American consumers significantly.