Jamie Dimon, CEO of JPMorgan Chase, has shifted his view on tariffs, calling them a "valuable economic weapon" in a recent interview despite having warned against them during Trump's first term. He acknowledges tariffs may cause some inflation but argues for their importance in strengthening national security. Dimon's comments come as Trump announces plans for new tariffs. Previously critical of Trump, including supporting Kamala Harris in the presidential campaign, Dimon's change in rhetoric raises questions about the evolving economic landscape and tariff usage.
Mr. Dimon referred to tariffs as a valuable economic weapon, stating, 'If it’s a little inflationary, but it’s good for national security, so be it.'
Collection
[
|
...
]