From TODAY.

After another chaotic day on Wall Street Monday, financial leaders, including JPMorgan Chase’s Jamie Dimon, hedge fund billionaire Bill Ackman and Virgin Group founder Richard Branson, are warning of the serious economic consequences of President Donald Trump’s trade policy in the form of a recession or resurgent inflation. “Most CEOs I talk to would say we are probably in a recession right now,” says BlackRock CEO Larry Fink. NBC Christine Roman reports for TODAY.

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