Stocks fell sharply and Wall Street had the worst market day of 2025 on Monday after President Trump couldn’t rule out the possibility of a recession in a Fox News interview. Managing Partner and Director of Economic Policy Research at Veda Partners Henrietta Treyz provides insight on what Trump’s tariffs could mean for the U.S. economy. Plus, The New York Times' Tyler Pager joins Morning Joe to discuss his new reporting on Steve Bannon, Elon Musk and the battle within MAGA. For more context