Selectively editing a quote from Jamie Dimon, Donald Trump made it appear that the JPMorgan Chase chairman had recently praised the president’s escalating trade war during a Wednesday morning interview with MAGA-boosting Fox Business anchor Maria Bartiromo.
In reality, however, Dimon warned Bartiromo that a recession was a “likely outcome” due to Trump’s sweeping tariffs and that he expected loan defaults to rise amid an economic slowdown.
