The JPMorgan Chase chief executive, who had warned of the negative effect of tariffs, said they could be justified for national security reasons.
JPMorgan Chase CEO Jamie Dimon on Wednesday said the U.S. stock market is overvalued and explained why he’s a little more pessimistic about the global economy than your average Wall Street insider.
Dimon's comments Wednesday come as Trump has threatened to impose a 25 percent tariff on products from Mexico and Canada by February 1 and a 10 percent tariff on Chinese imports. Earlier Wednesday, Trump also teased the notion of imposing "taxes, tariffs, and sanctions" on Russia if it doesn't end its war against Ukraine.
JPMorgan Chase CEO Jamie Dimon, who oversees the country’s largest bank, said Wednesday that Americans need to “get over it” when it comes to President Donald Trump ’s tariff plans driving up prices, as many economists have warned they will.
JPMorgan Chase chairman and CEO Jamie Dimon joins 'Squawk Box' to discuss the second Trump administration, why he's 'cautiously pessimistic' about the U.S. economy, impact of Trump's tariff proposals and EOs,
At the World Economic Forum in Davos, Switzerland on Wednesday, JPMorgan Chase CEO Jamie Dimon cautioned investors on the risks of increased deficit spending, sticky inflation and geopolitical
JPMorgan Chase CEO Jamie Dimon on Wednesday downplayed concerns about new tariffs from the Trump administration: "If it's a little inflationary, but it's good for national security, so be it."
Businesses worldwide and mainstream economists are fretting about higher prices as President Donald Trump unveils his tariff-heavy economic strategy. But Jamie Dimon, CEO of the world’s largest bank,
JPMorgan Chase CEO Jamie Dimon said Wednesday that he and Tesla CEO Elon Musk have “hugged it out” and resolved their differences, after Dimon’s bank sued the tech billionaire’s electric vehicle
Jamie Dimon’s praise for Musk was effusive. “The guy is our Einstein,” he remarked, emphasising Musk’s contributions through companies like Tesla and SpaceX. He added, “I’d like to be helpful to him and his companies as much as we can.
The S&P 500 has had two back-to-back years of 20%-plus gains in a calendar year, a first since the dotcom boom of 1998 & 1999. Last year, Jamie Dimon had called the shares of his own company, JPMorgan "expensive.