Jamie Dimon on Trump tariffs
Welcome to CNBC’s live blog covering all the latest news, views and action on day 3 of the World Economic Forum in Davos, Switzerland.
Jamie Dimon, the billionaire head of the U.S.’ biggest bank, lauded Tesla CEO Elon Musk, the richest man on the planet and a key part of President Donald Trump’s administration, on Wednesday, squashing a long-running beef between the billionaires’ companies as Dimon becomes the latest billionaire warming to Musk or Trump.
Wall Street giant JPMorgan has set up a Donald Trump ‘war room’ as the 47th president announces a flurry of new policies upon returning to the White House, according to one of its top
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 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
JP Morgan Chase CEO Jamie Dimon on Wednesday weighed in on President Trump’s proposed tariffs on Canada, Mexico and China among other nations, saying national security benefits would outweigh any
JPMorgan Chase (JPM) chief Jamie Dimon said the use of tariffs, an economic weapon, may trigger some inflation, but national security is more important than "a bit more inflation," according to a media report.
Experts have warned that Trump’s tariffs, which he’s said could also include a 10 percent tariff on all foreign goods, could send domestic inflation through the roof and trigger trade wars abroad. For private sector leaders, the cost of doing business would likely rise—increases which would then probably be passed down to consumers, too.
JPMorgan Chase & Co.’s dealmakers are spending their time in the Swiss Alps huddling with ebullient clients, but the boss of the biggest US bank is striking a more cautious tone.
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.'
JPMorgan Chase CEO Jamie Dimon said tariffs are one way to get other countries to address unfair trade balances and boost national security.