BlackRock CEO Larry Fink Warns Trump’s Tariffs Could Trigger Recession and Rising Costs

BlackRock CEO Larry Fink told CNBC he’s “petrified” by Trump’s global tariffs, calling the U.S. a “global destabilizer.” Fink warns of recession risks, rising inflation, and tariffs driving up costs, like a 26% increase in new home prices, worsening housing affordability.