
On 19 May 2025, JPMorgan Chase CEO Jamie Dimon warned that President Donald Trump's tariffs could inflict severe economic pain, catching investors off-guard at the bank's investor day.
Speaking in New York, Dimon cautioned that markets are underestimating the risks of inflation, slower growth, and global trade disruptions. As tariffs reshape the economic landscape, what are the stakes, and why are investors so complacent?