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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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The compensation of CEO Jamie Dimon of the bank JPMorgan Chase will increase by 3 million dollars to a total amount of 39 million dollars (37.4 million euros). Dimon owes this higher compensation to the good results that the largest bank in the United States booked in 2024, independent members of the board of directors write in an explanation.

·Apeldoorn, Netherlands (Kingdom of the)
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  • 38% of the sources lean Right
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Washington Times broke the news in Washington, United States on Tuesday, January 21, 2025.
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