Dimon outlines short- and long-term economic risks
Dimon cautioned that the newly introduced reciprocal tariffs, including a baseline 10% tax on all imports, are likely to trigger inflation across both imported and domestic goods. Rising input costs and shifting demand toward domestic alternatives could further strain supply chains.
Dimon outlines short- and long-term economic risks
Dimon cautioned that the newly introduced reciprocal tariffs, including a baseline 10% tax on all imports, are likely to trigger inflation across both imported and domestic goods. Rising input costs and shifting demand toward domestic alternatives could further strain supply chains.
Dow drops 800 points as investor sentiment turns cautious
Following Trump’s announcement, U.S. stock futures plunged, with the Dow Jones Industrial Average shedding approximately 800 points. The market downturn extended to Europe and Asia, reflecting widespread concern over the macroeconomic impact.
Dimon warns economic drag could be difficult to reverse
Dimon wrote that reduced investment, falling corporate earnings, a weakening dollar, and declining consumer confidence could collectively steer the economy into recession. These effects, if left unchecked, may become structural.
America First must not become America alone, Dimon says
Dimon also addressed geopolitical consequences, urging the U.S. not to slip into isolationism. He warned that abandoning key alliances would make the U.S. more vulnerable, especially in sectors like AI and semiconductors.