Mon Apr 07 01:00:00 UTC 2025: ## Global Stock Market Plunges After Trump’s Tariff Announcement; Experts Warn of Anxiety and Recession

**Taipei, Taiwan** – The global stock market experienced a sharp downturn following US President Trump’s announcement of retaliatory tariffs, sparking widespread anxiety and fears of a recession. Experts warn that the uncertainty surrounding the escalating trade war, particularly the 32% tariff imposed on Taiwan, is fueling public concern and potentially triggering a mental health crisis.

Taiwanese psychiatrist and president of the Taiwan Society of Psychiatry, Dr. Wang Renbang, highlighted the “collective anxiety” stemming from the unpredictable economic consequences. The potential for inflation and economic hardship is causing significant distress, particularly among investors witnessing substantial losses in their portfolios. Dr. Wang notes that even those without direct stock market investments are experiencing anxiety due to fears of rising prices and reduced living standards.

The situation is further exacerbated by the proliferation of investment information and potentially misleading advertisements circulating on social media platforms. Dr. Wang urges caution against impulsive decision-making driven by panic and recommends a thorough review of personal finances, including diversification of investments and risk management strategies.

In response to the market turmoil, the Taiwanese government is considering activating the National Stabilization Fund and is monitoring the situation closely. Dr. Wang advises citizens to maintain a balanced lifestyle, prioritizing mental and physical well-being through regular exercise, healthy eating, and social interaction. He emphasizes that investment should not become a major source of stress and suggests seeking professional help if anxiety significantly impacts daily life. The doctor suggests focusing on managing personal finances effectively and avoiding impulsive decisions during periods of market instability.

The government is closely watching the situation and considering implementing market stabilization measures, potentially convening an emergency meeting of the National Stabilization Fund. However, the immediate focus for many is on managing the psychological impact of the economic uncertainty.

Read More