BlackRock CEO Larry Fink claims the U.S. is “very close” to entering a recession—if it isn’t in one already.Speaking on CNBC’s Squawk on the Street, the Wall Street titan said he was “petrified” of the issues currently facing the economy,

Von der Leyen said the EU would not allow Chinese products facing U.S. tariffs to flood European markets. She added that Brussels would implement protective measures if a new monitoring system detected an increase in Chinese imports. Another dark day on Wall Street.