Jamie Dimon eyes a ‘likely’ recession unless the Trump admin doesn’t turn tariffs into trade deals: ‘That’s the best thing they can do’

Quick Summary:

Dimon, the CEO of JPMorgan Chase, is one of the most respected figures in corporate America.

"I hear it from just everybody now, ‘I'm going to cut back a little bit, I'm gonna wait, see what happens,’” Dimon said.“That is kind of recessionary talk".

Investors fear an impending trade war would weaken global trade, disrupt supply chains, and ultimately raise prices for businesses and consumers.

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Article Details

Author / Journalist: Paolo Confino

Category: EconomyBusiness

Markets: United States

Topics: Tariffs and trade JPMorgan Chase Economy Donald Trump Jamie Dimon Recession

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-09 @ 16:42:57 (6 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 778 words

Reading Time: 5 minutes read

Sentences: 4 lines

Sentence Length: 195 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27759600

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Official Website: fortune.com

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Year Established: 1929

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