Jamie Dimon fears reading a book in 40 years on ‘How the West was lost’ over military spending rows and tariff tactics

Quick Summary:

JPMorgan Chase CEO Jamie Dimon's chief concern is that tariffs could prove a tipping point in the influence of the Western world.

I think Europe knows that they need to spend more on their military but that does not mean we shouldn't have military alliance with you".

America is "still very strong but yes a lot of this uncertainty is challenging that a little bit ...hopefully these tariffs and trade wars settle down and go away so people can say 'I can rely on America,'" Dimon added.

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Article Details

Author / Journalist: Eleanor Pringle

Category: EconomyBusiness

Markets: United States

Topics: Geopolitics Tariffs and trade Tariffs Jamie Dimon JPMorgan Chase

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-16 @ 11:33:07 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 801 words

Reading Time: 5 minutes read

Sentences: 4 lines

Sentence Length: 201 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27948256

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Main Topics: EconomyBusiness

Official Website: fortune.com

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Year Established: 1929

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