Odaily reports that AJBell investment analyst Dan Coatsworth said, "The sell-off in the US market is starting to look very bad. For some time, many have been concerned that US stock market valuations are too high and have been looking for a catalyst for a market correction. Concerns about the trade war, geopolitical tensions, and uncertainty about the economic outlook may be that catalyst." "Trump was seen as the savior of the market, promising to cut taxes and ease regulations. Now his actions have become an omen of doom. When people think about whether trade tariffs will backfire and lead to a recession rather than a prosperous US economy, the R-word (Recession) is back on everyone's lips." "During Trump's first term, he often touted the stock market's rise as a representation of his success. Therefore, he may not want to see the market collapse completely just a few months into his second term."