{"id":20967,"date":"2025-04-07T16:32:13","date_gmt":"2025-04-07T16:32:13","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=20967"},"modified":"2025-04-07T16:32:13","modified_gmt":"2025-04-07T16:32:13","slug":"jamie-dimon-warns-tariffs-could-prompt-inflation-global-economic-downfall","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=20967","title":{"rendered":"Jamie Dimon Warns Tariffs Could Prompt Inflation, Global Economic Downfall"},"content":{"rendered":"<div>\n<p>JPMorgan Chase CEO Jamie Dimon is warning investors about the potential of rising prices and further slowing of the U.S. economy as a result of U.S. President Donald Trump\u2019s tariff policy.<\/p>\n<\/p>\n<p>\u201cThe recent tariffs will likely increase inflation and are causing many to consider a greater probability of a recession,\u201d Dimon warned in his annual <a href=\"https:\/\/www.jpmorganchase.com\/ir\/annual-report\/2024\/ar-ceo-letters\" target=\"_blank\">letter to shareholders<\/a>. \u201cWhether or not the menu of tariffs causes a recession remains in question, but it will slow down growth.\u201d<\/p>\n<\/p>\n<p>\u201cWhatever you think of the legitimate reasons for the newly announced tariffs \u2013 and, of course, there are some \u2013 or the long-term effect, good or bad, there are likely to be important short-term effects,\u201d he said, noting that price increases will not only affect imported goods but even domestic prices.<\/p>\n<\/p>\n<p>Global markets, including crypto markets have been in freefall since Sunday in anticipation of Trump\u2019s most recent tariff announcement on Monday. Bitcoin (BTC), fell below $79,000 to its lowest point since November. It is currently trading flat over the past 24 hours at $78,235. The CoinDesk 20, which tracks the 20 largest crypto assets by market capitalization, is down more than 10% today and nearly 20% over the past month.<\/p>\n<\/p>\n<p>Dimon said that he is all for Trump\u2019s \u201cAmerica First\u201d foreign policy, but that it can\u2019t turn into \u201cAmerica alone.\u201d<\/p>\n<\/p>\n<p>\u201cIf the Western world\u2019s military and economic alliances were to fragment, America itself would inevitably weaken over time,\u201d he warned.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>JPMorgan Chase CEO Jamie Dimon is warning investors about the potential of rising prices and further slowing of the U.S. economy as a result of U.S. President Donald Trump\u2019s tariff policy. \u201cThe recent tariffs will likely increase inflation and are causing many to consider a greater probability of a recession,\u201d Dimon warned in his annual [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-20967","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20967","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20967"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/20967\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20967"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20967"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20967"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}