CNBC Daily Open: U.S. markets slump as Trump dismisses economic fears

Contributing sentiments towards policy:

53% : The Elon Musk-led Department of Government Efficiency claims to be streamlining the federal government's spending.
53% : We want clarity,'" Trump said in a Fox News interview that aired Sunday.
49% : Elon Musk, CEO of Tesla and head of the U.S. Department of Government Efficiency, said in a Fox interview Monday he's running his businesses "with great difficulty."
43% : Later, Trump said, "Look, we're going to have disruption, but we're OK with that.
33% : U.S. markets, specifically, have been on a downward trajectory and were hit hard on Monday. Tariffs, according to Trump, are meant to protect U.S. businesses and punish trade partners.
23% : Asked whether he thinks a recession is imminent, Trump said, "I hate to predict things like that."
20% : The U.S economy is resilient, I would say, largely despite Donald Trump," Holger Schmieding, chief economist at Berenberg Bank, told CNBC's "Squawk Box Europe" on Monday.

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