Jamie Dimon Cautions Investors on Tariffs’ Impact on Inflation and Growth

JPMorgan Chase CEO Jamie Dimon issued a warning regarding the potential impact of U.S. President Donald Trump’s tariff policy on inflation and economic growth.

Dimon stated that recent tariffs are likely to increase inflation and raise recession concerns.
He highlighted that tariffs will affect both imported and domestic prices.
Global markets, including crypto markets, have declined in anticipation of these tariffs.
Bitcoin fell below $79,000, currently trading at $78,235.
The CoinDesk 20 index of major crypto assets is down over 10% in one day and nearly 20% in the past month.
Dimon supports Trump's “America First” policy but cautioned against an isolating approach that could weaken the U.S. over time.