CNN reports comments from JP Morgan Chase CEO Jamie Dimon, as he expresses his concerns over the US economic outlook amid the US President Trump fuelled trade wars. Key Quotes: Worried the economy’s momentum could be derailed by President Donald Trump’s trade wars. “If you do another $200 billion of tariffs and this national security thing about cars, I think that you’re getting pretty close to reversing some of the benefits you’ve seen in the economy”. It’s too early to know whether tariffs will undo the economy’s gains, but that such a reversal is “possible.” Trump has “raised serious issues that are pretty accurate.” But his tactics pose risks, and have the potential to dial back gains from corporate tax cuts. “I would remind folks that the president’s team has already said, ‘There will be no retaliation.’ They’ve already been wrong,” “If I was the president, I’d be a little ticked off at some of my advisers, to tell you the truth.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/USD losing the grip near 1.1670, session lows FX Street 5 years CNN reports comments from JP Morgan Chase CEO Jamie Dimon, as he expresses his concerns over the US economic outlook amid the US President Trump fuelled trade wars. Key Quotes: Worried the economy's momentum could be derailed by President Donald Trump's trade wars. "If you do another $200 billion of tariffs and this national security thing about cars, I think that you're getting pretty close to reversing some of the benefits you've seen in the economy". It's too early to know whether tariffs will undo the economy's gains, but that such a reversal is "possible." Trump has "raised serious issues… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
