• Power Corridors Magazines
  • Advertise with us
Sunday, June 1, 2025
  • Login
Power Corridors
  • News
  • Politics
  • Business
    • Technology
  • Appointments/Transfers
  • Automobile
  • Entertainment
  • Sports
    • IPL 2024
  • Event
  • World
No Result
View All Result
  • News
  • Politics
  • Business
    • Technology
  • Appointments/Transfers
  • Automobile
  • Entertainment
  • Sports
    • IPL 2024
  • Event
  • World
No Result
View All Result
Power Corridors
  • News
  • Politics
  • Business
  • Appointments/Transfers
  • Automobile
  • Entertainment
  • Sports
  • Event
  • World
Home News

‘Tariffs will increase inflation’: JP Morgan CEO sounds alarms over Trump’s tariff policy

Jamie Dimon, the CEO of JPMorgan Chase & Co, has cautioned that the recent tariff actions declared by US President Donald Trump could trigger inflation and potentially result in a recession in the world's largest economy.

Prashant Bhardwaj by Prashant Bhardwaj
8 April 2025
in News
8
‘Tariffs will increase inflation’: JP Morgan CEO sounds alarms over Trump’s tariff policy
9
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

Jamie Dimon, the CEO of JPMorgan Chase & Co, has cautioned that the recent tariff actions declared by US President Donald Trump could trigger inflation and potentially result in a recession in the world’s largest economy.

In his yearly letter to shareholders, he recommended that the US establish stronger trade connections with nations like India instead of urging them to align with the US.

“The recent tariffs will likely increase inflation and are causing many to consider a greater probability of a recession,” he has said, cautioning that the market valuations remain relatively high. “These significant and somewhat unprecedented forces cause us to remain very cautious,” he said on Monday.

Dimon stated that regardless of whether the tariffs lead to a recession, they will hinder growth.

“The economy is facing considerable turbulence (including geopolitics), with the potential positives of tax reform and deregulation and the potential negatives of tariffs and “trade wars,” ongoing sticky inflation, high fiscal deficits, and still rather high asset prices and volatility,” Dimon added.

ALSO READ: Decoding the Liangmai-Kuki Clash: The Interplay of History & Identity

He suggests that the tariffs are expected to lead to significant short-term impacts. “In the short term, we are expected to experience inflationary effects, affecting both imported items and local prices, due to rising input expenses and an increase in demand for domestic products,” he stated.

Pointing out that the US does not have trade deals with several of its closest allies, he mentioned that Washington could draw nonaligned countries such as India nearer by offering a gesture of goodwill.

The US has raised tariffs on Indian imports to 26% and applied 10% duties on goods from Brazil.

Billionaire investor Bill Ackman, head of Pershing Square, also cautioned: “We are in the midst of undermining confidence in our nation as a trading partner, as a place to do business, and as a market for capital investment.”

Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Previous Post

Decoding the Liangmai-Kuki Clash: The Interplay of History & Identity

Next Post

Huge relief for Mamata government; SC dismisses CBI probe into Bengal SSC Scam

Related Posts

Dalai Lama Leads Sacred Mani Dhondrup Prayer in Dharamshala
National

Dalai Lama Leads Sacred Mani Dhondrup Prayer in Dharamshala

1 June 2025
Who is Sharmishta Panoli? The Influencer held for communal remarks
News

Who is Sharmishta Panoli? The Influencer held for communal remarks

1 June 2025
Tight Security for Kashmiri Pandits’ Kheer Bhawani Mela
National

Tight Security for Kashmiri Pandits’ Kheer Bhawani Mela

1 June 2025
Erratic Monsoons, Extreme Rainfall: Climate Change Fuels Northeast India’s Disaster
National

Erratic Monsoons, Extreme Rainfall: Climate Change Fuels Northeast India’s Disaster

1 June 2025
NCP merges with NDPP
National

All Seven NCP MLAs in Nagaland Merge with Ruling NDPP

1 June 2025
BSF
News

Kuki-Zo Community Demands Buffer Zones Until Political Resolution

31 May 2025
Next Post
Huge relief for Mamata government; SC dismisses CBI probe into Bengal SSC Scam

Huge relief for Mamata government; SC dismisses CBI probe into Bengal SSC Scam

Trinamool feud out in open: Kalyan Banerjee’s outburst at ‘rude female MP’

Trinamool feud out in open: Kalyan Banerjee's outburst at 'rude female MP'

Manipur

From Dialogue to Discord: Meitie Groups Differ Over MHA Peace Initiative

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POWER CORRIDORS

Former Vice President Venkaiah Naidu commended Power Corridors as a commendable news magazine, affirming that it not only upholds Media Dharma but also fulfills its societal obligations. Power Corridors, as its name implies, delves into realpolitik—examining the essence of influential circles, unraveling the intricacies of political maneuvers, and exploring the pulse of the state’s affairs. However, it transcends mere power dynamics, encompassing a broader spectrum of issues beyond the confines of Delhi’s elite circles.

For PC, which is published by the Interactive Forum on Indian Economy, not only highlights the issues of the day but also throws up what ought to be the subjects that the country should be debating about. It reports about the plans, strategies, and agendas of politicians and others; it also sets the agenda for the nation.

Browse by Category

  • Appointments/Transfers
  • Automobile
  • Aviation
  • Blog
  • Business
  • Crime
  • Education
  • Entertainment
  • Event
  • GMF
  • HEALTH
  • IFIE
  • IPL 2024
  • Law
  • Motorsports
  • National
  • News
  • Politics
  • Science
  • Space
  • Sports
  • Technology
  • Weather
  • WEIGHT LOSS
  • World

Recent News

First Time India Admits Loss of Jets in Clashes with Pak

After CDS Bombshell, Unanswered Questions Whip Up Storm

1 June 2025
Special: Arshdeep Singh all set to lead Punjab Kings to maiden IPL Title

Special: Arshdeep Singh all set to lead Punjab Kings to maiden IPL Title

1 June 2025
  • About
  • Advertise With Us
  • Privacy & Policy
  • Contact Us

© 2023 Power Corridors

Welcome Back!

OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
  • News
  • National
  • Politics
  • Business
  • World
  • Entertainment
  • Crime
  • Law
  • Sports
  • Contact Us

© 2023 Power Corridors