JP Morgan CEO Jamie Dimon called on the Trump administration to negotiate deals with major trading partners swiftly to resolve the burgeoning global tariff war, warning that an economic “slowdown” is coming.
During a Fox Business Network interview with Maria Bartiromo on Wednesday, Dimon said it was “perfectly reasonable” for the White House to say that trade policies and outcomes have been “unfair” and to seek a more “fair” international trade policy.
He paired the sentiment with a message to President Donald Trump, warning that a recession is a “likely outcome” of broad tariffs on nearly every country. He urged the administration to “calm down the markets” by “showing progress” on new trade deals and called on Trump to address the “huge anger” from U.S. allies
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