Posted on 01/22/2025 2:16:03 PM PST by SunkenCiv
JPMorgan CEO Jamie Dimon told CNBC on Wednesday that the looming tariffs that President Donald Trump is expected to slap on U.S. trading partners could be viewed positively. "If it's a little inflationary but it's good for national security, so be it. I mean, get over it," Dimon said during an interview at the World Economic Forum in Davos, Switzerland.
Dimon: Trump's tariff policy is positive for national security so people should 'get over it' | 1:01
CNBC Television | 2.93M subscribers | 1,399 views | January 22, 2025
(Excerpt) Read more at youtube.com ...
JPMorgan Chase chairman and CEO Jamie Dimon joins 'Squawk Box' to discuss the second Trump administration, why he's 'cautiously pessimistic' about the U.S. economy, impact of Trump's tariff proposals and EOs, state of the global markets, impact of the strong dollar, his relationship with Elon Musk, investing landscape, future of DEI in corporate America, his thoughts on the crypto industry, succession plans at JPMorgan, and more.Jamie Dimon on tariffs: If it's a little inflationary but good for national security, so be it | 4:10
CNBC Television | 2.93M subscribers | 10,686 views | January 22, 2025
The only people in hysteria are the Hedge fund billionaires, and their media lackies, who spent 3 decades outsources European and US business to China and other 3rd world countries just to add a decimal point to their fortunes
Tens of millions of US voters who saw their economic future vanish overseas really take very cold comfort knowing that their TVs cost $300 instead of $400 now
Dimon is spouting a little bit of sanity. And of course he’s right. The benefits to the country far outweigh the negatives. We will fight inflation through growth, and the tariffs will be one of the tools to spur that growth.
Nice to hear a voice of sanity and reason out there.
What’s best for the country is what matters.
“who spent 3 decades outsources European and US business to China and other 3rd world countries just to add a decimal point to their fortunes.”
Aint that he truth.
Thanks.
I would trust Dimon as far as I would trust Biden with my daughters.
In American history wasn’t the revolution about an end to British mercantilism? Also, it seems that tariffs were meant to raise funds but were never meant to be punitive to trade.
Jamie Dimon still leftist POS anyway.
-fJRoberts-
Even a globalist banker front man can utter a truth from time to time.
>>In American history wasn’t the revolution about an end to British mercantilism?
I thought it was able no taxation without representation (among other things).
>>In American history wasn’t the revolution about an end to British mercantilism?
I thought it was ABOUT no taxation without representation (among other things).
>> Also, it seems that tariffs were meant to raise funds but were never meant to be punitive to trade.
Not according to McKinley. I’m not sure what the Constitutional framers thought about them.
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