Dimon says recession remains a possibility on tariff fallout

Travel and Leisure Travel and Leisure

Thu, May 15, 2025

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Dimon says recession remains a possibility on tariff fallout

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Dimon says recession remains a possibility on tariff fallout

^{Published on 2025-05-15 14:06:32 - Fortune}

"Hopefully we'll avoid it, but I wouldn't take it off the table at this point," Dimon said.

In an interview with Fortune, Jamie Dimon, CEO of JPMorgan Chase, expressed concerns about the potential negative impacts of President Trump's tariffs on the U.S. economy, suggesting that they could lead to a recession if not managed properly. Dimon emphasized that while the current economic conditions are strong, the ongoing trade war with China and the uncertainty it creates could slow down growth and affect businesses. He advocated for a more strategic approach to trade negotiations, warning that escalating tariffs might harm the economy more than help it. Dimon also touched on the importance of maintaining a robust global trade system and the need for the U.S. to work collaboratively with other nations to address trade imbalances and unfair practices.

Read the Full Fortune Article at:
[ https://fortune.com/article/dimon-jpmorgan-recession-trump-tariffs-economy-trade-war/ ]

N@N

Dimon says recession remains a possibility on tariff fallout