US EditionTrump trade war could challenge US credibility, says Jamie Dimon
- JPMorgan CEO Jamie Dimon urged the United States to engage with China to end the trade war, expressing concern that ignoring this could threaten America's prosperity.
- President Trump mentioned Dimon's comments as key in deciding to pause tariffs for 90 days; however, China still faces a 145% import duty, which officials called 'extremely shameless.'
- Dimon warned that ongoing trade tensions could undermine market stability, unsettling both investors and ordinary people.
- He emphasized that corporate America should actively participate in discussions to strengthen global alliances and stabilize the economy.
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24 Articles
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Jamie Dimon says that with Trump's tariffs turmoil, no one should assume 'they have a divine right to success'
"If there's unfairness, deal with it. But yeah, we should be careful. I don't think anyone should assume they have a divine right to success, and therefore, don't worry about it." JPMorgan's CEO Jamie Dimon said.Noam Galai via Getty ImagesJamie Dimon says the US should be wary of what its tariffs could do to its credibility.Dimon said the US is "still a haven" because of its economic and military strength.But no one should assume they "have a di…
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