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JPMorgan Chase CEO Dimon defends Trump tariffs: ‘National security trumps a little bit more inflation’

JPMorgan Chase CEO Jamie Dimon has changed his stance on tariffs, calling them a valuable economic tool on January 17, 2024.
Dimon's comments marked a shift from his previous warnings about tariffs, which are part of President Donald Trump's trade agenda.
Trump has threatened to impose tariffs on products from Mexico, Canada, and China by February 1, 2024, as part of his economic strategy.
Canadian Premier Doug Ford stated that Canada is prepared to respond to Trump's tariffs, indicating potential economic conflict.

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Financial Post

JPMorgan Sees 'Massive' Demand for Loonie Hedges on Tariff Risks

(Bloomberg) — Investors are piling into hedges against a weaker Canadian dollar at a historic pace, seeking shelter from the impact of possible US tariffs, according to JPMorgan Chase & Co.

2 months ago·Canada

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Banking billionaire tells people to ‘get over it’ if Trump tariffs cause prices to spike

The CEO and chairman of the nation’s largest bank has done a 180 on tariffs proposed by Trump.

2 months ago·New Jersey, United States

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Zero Hedge

"Get Over It" - Dimon Backs Trump Tariffs As "Good For National Security" - Nemos News Network

Authored by Michael Every via Rabobank, Get over it, but you can’t get past it Jamie Dimon of JP Morgan Chase –in Davos(!)– yesterday stated US tariffs are an economic tool or an economic weapon and, “I would put in perspective: If it’s a little inflationary, but it’s good for national security, so be it. I mean, get […]

2 months ago·United States

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tj.news

Tom Mueller: How to hit back on tariffs

U.S. President Donald Trump claims the United States “subsidizes Canada” to the tune of $100 billion annually. It’s an outrageous assertion, the kind of sound bite designed to light up cable news and rally his base. But is there even a grain of truth to it?

2 months ago·Saint John, Canada

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