US cannot print but China can and that changes everything in this trade war

JPMorgan CEO Jamie Dimon says Trump tariffs will boost inflation, slow an already weakening U.S. economy

  • JPMorgan Chase CEO Jamie Dimon said tariffs announced by President Donald Trump will likely boost prices on both domestic and imported goods, weighing down a U.S. economy that had already been slowing.
  • Dimon addressed the tariff policy in his annual shareholder letter.
  • He’s the first CEO of a major Wall Street bank to publicly address Trump’s sweeping tariff policy as global markets crash.
  • “Markets still seem to be pricing assets with the assumption that we will continue to have a fairly soft landing,” Dimon said. “I am not so sure.”

Uh-oh! It looks like you're using an ad blocker.

Our website relies on ads and the generous support of readers like you to keep delivering free, high-quality content. Right now, we are facing serious funding challenges and we need your help more than ever. Disable your ad blocker and this message will vanish. You can also sign up for a membership to enjoy an ad-free experience while supporting our work: https://citizenwatchreport.com/plans/subscriptions/ Your support helps us stay independent, continue our work, and keep content free for everyone. We truly appreciate your understanding and thank you for standing with us.