Markets open sharply lower after recession warning

09:46

President Trump finally admitted that Americans are the ones paying for tariffs as he delays imposing his latest round until after the holiday shopping season, but why might that not be enough to calm the markets or stop a recession? Stephanie Ruhle is joined by CNBC’s Kayla Tausche, Risk Reversal Advisors Principal Dan Nathan, and National Foreign Trade Council President Rufus Yerxa to explain.