BlackRock CEO Larry Fink warned Monday that the economy is “weakening as we speak,” amid widespread turmoil in the markets driven by the Trump administration’s sweeping new tariffs.

“The economy is weakening as we speak,” Fink said at the Economic Club of New York. “The need for the administration to focus on these progrowth agendas, which was much of what the president campaigned on, we have to get that going.”

“The president has been focusing on right now areas that, in my mind, in the short run, are very inflationary and........

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