US EditionTrump trade war could challenge US credibility, says Jamie Dimon
- JPMorgan CEO Jamie Dimon urged the United States to engage with China to end the trade war, expressing concern that ignoring this could threaten America's prosperity.
- President Trump mentioned Dimon's comments as key in deciding to pause tariffs for 90 days; however, China still faces a 145% import duty, which officials called 'extremely shameless.'
- Dimon warned that ongoing trade tensions could undermine market stability, unsettling both investors and ordinary people.
- He emphasized that corporate America should actively participate in discussions to strengthen global alliances and stabilize the economy.
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Jamie Dimon Speaks Out: Is a Recession Coming? - Valuetainment
Jamie Dimon acknowledges that a recession is a possible scenario, driven by macroeconomic uncertainty and market declines. Although fundamentals like employment remain strong, corporate cutbacks could disrupt confidence. The post Jamie Dimon Speaks Out: Is a Recession Coming? first appeared on Valuetainment.
Watch CNBC's full interview with former SEC Chair Gary Gensler
Former SEC Chair Gary Gensler joins 'Squawk Box' to discuss using the SEC to delist Chinese companies, President Trump's tariff policy, state of U.S.-China trade negotiations, SEC enforcement of insider trading in Washington, prediction markets, state of the crypto industry, future of AI, and more.
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Total News Sources30
Leaning Left2Leaning Right5Center6Last UpdatedBias Distribution46% Center
Bias Distribution
- 46% of the sources are Center
46% Center
15%
C 46%
R 38%
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