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The Independent UK
The Independent UK
John Bowden

Jamie Dimon gives pessimistic outlook on US economy and says full impact of Trump tariffs hasn’t happened yet

JPMorgan CEO Jamie Dimon is still pessimistic about the Trump economy as jobs reports show a stagnating hiring market and inflation continues to keep prices high in many sectors.

In a pair of interviews, the head of the U.S.’s largest bank explained that he saw the American economy “weakening” and believed that the full impact from Donald Trump’s reciprocal tariffs and flat 10 percent rate on all imports is still coming down the road.

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