Internet reports that the Trump administration has intensively launched a series of tariff policies since its inception, causing a decline in business and consumer confidence. Concerns about a "Trump recession" have significantly dragged down the U.S. stock market. According to a report by the U.S. Consumer News and Business Channel on March 14, in the past three weeks, the market value of the "seven U.S. technology giants" has evaporated by US$2.7 trillion. American economists and market participants are worried that the U.S. economy may experience "recession" or even "stagflation" under the Trump administration's escalating "tariff punches." (CCTV News)