US EditionJamie Dimon changes tune on tariffs: ‘Uncertainty is not a good thing’
- Jamie Dimon, the CEO of JPMorgan Chase, changed his stance on tariffs, stating that 'uncertainty is not a good thing.'
- After Trump's latest round of tariffs, the S&P 500 fell over 7% in one month, although broader markets rebounded.
- Larry Fink, CEO of BlackRock, expressed concerns that tariffs could weaken the economy, stating, 'The collective impact in the short run is that people are pausing, they’re pulling back.'
- Dimon previously told people to 'get over it' regarding tariffs, but now acknowledges potential negative impacts.
19 Articles
19 Articles
Marc Lasry Says Economy ‘Can’t Survive’ Under Trump Uncertainty
Marc Lasry, the billionaire co—founder of Avenue Capital Group, said the uncertainty over President Donald Trump’s policies, particularly on tariffs, is stalling investors looking to take advantage of market opportunities.
Jamie Dimon on Trump tariff policy: 'Uncertainty is not a good thing'
JP Morgan Chase CEO Jamie Dimon acknowledged President Trump’s tariff policy is causing uncertainty for businesses, which is “not a good thing.” “I don’t think the average American consumer who wakes up in the morning and goes to work … changes what they’re going to do because they read about tariffs,” Dimon said in an interview with Semafor on Wednesday. “But I do think companies might,” he added. “Uncertainty is not a good thing.” Earlier this…
How many times can you say uncertainty in one economic report? : The Indicator from Planet Money
Uncertainty. That's the word-of-the-moment with tariffs, market swings and lots of economic volatility. It's also showing up in the Federal Reserve's latest Beige Book, featuring anecdotes across the U.S. economy. On our latest edition of the Beigies, what can a farmer from the Mississippi Delta tell us about uncertainty? Related episodes: How USAID cuts hurt farmers (Apple / Spotify) Why Trump's potential tariffs are making business owners anxi…
Jamie Dimon raises concerns about tariffs two months after his now-famous ‘get over it’ line
Two months ago, JPMorgan Chase CEO Jamie Dimon had a curt message for people protesting President Donald Trump’s tariff policy: “Get over it.” But with stock markets lower and cracks appearing to form in the US economy, Dimon himself might not be over it.
Dimon: ‘Uncertainty is not a good thing’
The NewsJPMorgan Chase CEO Jamie Dimon acknowledged Wednesday that US President Donald Trump’s tariffs were causing uncertainty for companies, but downplayed the effect on consumer behavior.“I don’t think the average American consumer who wakes up in the morning and goes to work … changes what they’re going to do because they read about tariffs,” Dimon said in an interview with Semafor’s Gina Chon at a Washington, D.C., summit on retirement host…
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