Asian stock markets experienced a sharp decline on March 11, 2025, as concerns over a potential recession in the United States intensified. This downturn followed a significant sell-off on Wall Street, driven by fears related to President Donald Trump's global trade policies and impending federal job cuts. The anxiety surrounding the U.S. government's tariff decisions has contributed to uncertainty in the financial markets, leading to mixed performances across Asian benchmarks. Reports indicate that the Nasdaq had its worst day since 2022, further exacerbating fears about the stability of the world's largest economy.