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Jamie Dimon: The economy could 'deteriorate' soon | CNN Business

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  JPMorgan Chase CEO Jamie Dimon warned on Tuesday that encouraging economic data could soon turn worrisome as President Donald Trump's tariffs continue to bite.


Jamie Dimon, CEO of JPMorgan Chase, expressed concerns about the potential negative impacts of new tariffs on the U.S. economy during a recent interview. He warned that escalating trade tensions, particularly with China, could lead to higher costs for consumers and businesses, potentially slowing economic growth. Dimon emphasized the need for a balanced approach to trade policy, suggesting that while some tariffs might be necessary for national security, broad-based tariffs could harm the economy. He also highlighted the importance of maintaining strong international relationships and advocated for more diplomatic efforts to resolve trade disputes.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/06/11/economy/jamie-dimon-us-economy-tariffs ]