President Trump shows no signs of easing his tariffs plan despite deep losses in global financial markets. With markets crashing, the president doubled down on his trade policy, writing on social media that he “is not going to bend.” But some influential financial leaders are worried about the potential consequences. JPMorgan CEO Jamie Dimon warned of […]
Audio
Trump “not going to bend” on tariffs despite market crash
President Trump shows no signs of easing his tariffs plan despite deep losses in global financial markets.
With markets crashing, the president doubled down on his trade policy, writing on social media that he “is not going to bend.” But some influential financial leaders are worried about the potential consequences. JPMorgan CEO Jamie Dimon warned of higher inflation and billionaire investor Bill Ackerman, who is pro-Trump, said “we are heading for a self-induced, economic nuclear winter.”