by Ashleigh Fields at The Hill
JP Morgan Chase CEO Jamie Dimon said he was less skeptical of tariffs in a Thursday interview after months of criticism of the Trump administration’s efforts to rewire global trade policy.
“We started tariffs. We didn’t know what they’re going to be. And now we kind of know. And they’re more moderate and thoughtful and, you know, more carefully done,” Dimon said during an interview with CNBC’s Leslie Picker.
“And hopefully they’ll help some companies export. You know, maybe some people move manufacturing back here. So, you know, so far so good,” he added.
The CEO previously predicted that a recession would come under such heavy shifts ordered by U.S. trade negotiators. President Trump’s threats to impose higher tariffs if international deals weren’t restructured to favor the U.S. has resulted in deals with Japan, the United Kingdom and the European Union.
“They may drive slightly higher inflation, but what you really want is more growth,” Dimon said.
“You know,…
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