BlackRock CEO issues stern warning about the economy

The billionaire has some tough words about the current state of the economy.

Apr 1, 2025 - 14:34
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BlackRock CEO issues stern warning about the economy

Over the past few months, economic activity in the U.S. has undergone a rapid shift, especially after President Donald Trump started a trade war that involves multiple countries.

While Americans were already battling inflation and a higher cost of living, Trump on March 4 enforced 20% tariffs on all goods imported from China, and 25% tariffs on all goods imported from Mexico and Canada.

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