"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," JPMorgan Chase CEO Jamie Dimon told CNN during an exclusive interview.
And he signaled to President Trump that Trump's anti-trade adviser, Peter Navarro, is clueless.
"I would remind folks that the president's team has already said, 'There will be no retaliation.' They've already been wrong," Dimon said. "If I was the president, I'd be a little ticked off at some of my advisers, to tell you the truth."
-RW
Dimon is right. I still cant understand why tariffs instead of targeting US companies that outsource to slave or subsidized labor while bringing products for massive profits.
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