Brief by Shorts91NewsDesk / 04:50am on 08 Apr 2025,Tuesday India Global
JPMorgan Chase CEO Jamie Dimon has expressed concern that President Trump's recent tariff measures could exacerbate inflation and potentially lead to a recession in the U.S. economy. In his annual letter to shareholders, Dimon emphasized that these tariffs might slow economic growth and increase input costs, affecting both imported and domestic goods. He also highlighted the importance of strengthening trade relations with non-aligned nations like India and Brazil, suggesting that the U.S. could bring these countries closer by extending a friendly hand through trade and investment, rather than pressuring them to align politically. (PC: Mint & NDTV)
