Jamie Dimon supports Trump's tariffs for potential impact on national security, believes in better trade deals.
From CNBC: 2025-01-22 08:12:54
JPMorgan Chase CEO Jamie Dimon supports Trump’s tariffs, citing potential positive impact on national security. Despite fears of global trade war and inflation, Dimon believes tariffs could lead to better trade deals. Trump threatens Mexico, Canada, China, and EU with tariffs due to trade imbalances. U.S.-Mexico-Canada Trade Agreement up for review in 2026. Tariffs could take effect Feb. 1 depending on implementation. Trump’s first-term tariffs kept inflation low. Dimon emphasizes tariffs as economic tool, not solely inflationary. Tariffs may impact dollar, but growth is key.