Overview
- Jamie Dimon characterized President Trump's initial tariff package as 'too large, too big, and too aggressive,' while acknowledging its intent to address unfair trade practices.
- Dimon warned that the tariffs could lead to short-term inflation and a slowing economy but expressed hope for a mild impact.
- He advised the White House to focus on pro-growth policies, deregulation, and tax reform, emphasizing their potential to bolster the U.S. economy.
- Dimon advocated for comprehensive immigration reform, including pathways to citizenship for law-abiding undocumented immigrants, seasonal worker programs, and support for DACA recipients.
- He welcomed the U.K.-U.S. trade agreement as an encouraging step but noted it remains an agreement in principle rather than a full-scale trade deal.