Jamie Dimon, CEO of JPMorgan Chase: Tariffs Could Trigger Inflation and Global Economic Collapse

Updated

April 8, 2025

Gambar Jamie Dimon, CEO of JPMorgan Chase: Tariffs Could Trigger Inflation and Global Economic Collapse

Jakarta, Pintu News – Jamie Dimon, CEO of JPMorgan Chase, recently expressed his concerns over the tariff policy implemented by US President Donald Trump. In his annual note to shareholders, Dimon highlighted the potential for rising prices and a slowdown in the US economy as a direct result of the policy.

Implications of Tariff Policy on the Economy

Jamie Dimon emphasized that the newly imposed tariffs will likely increase inflation. This affects not only the prices of imported goods, but also domestic prices. These price increases could worsen an already slowing economy. Dimon also added that while there are legitimate reasons for the new tariffs, the short-term effects cannot be ignored.

This policy has caused concern among investors and analysts about a possible recession. While it is uncertain whether the tariffs will cause a recession, it is clear that economic growth will be hampered. Dimon suggested that this policy needs to be revisited to avoid wider negative impacts.

Also Read: XRP Price Prediction: Between Deep Correction and Hopes of Rebound in Crypto Market (8/4/25)

Impact on Global and Crypto Markets

bitcoin price drops today — Generated by AI

Since the announcement of the latest tariffs on Monday, global markets including crypto markets have been on the decline. Bitcoin , for example, dropped below $79,000, hitting its lowest point since November. Currently, Bitcoin (BTC) is trading steady in the last 24 hours at $78,235. The CoinDesk 20, which tracks the 20 largest crypto assets by market capitalization, is down more than 10% today and nearly 20% over the last month.

This decline shows how sensitive the market is to economic policies, especially those related to international trade. Investors and crypto market participants need to be aware of the potential for further fluctuations that could be triggered by tariff policies and political uncertainty.

The “America First” Policy and Its Implications

Although Dimon supports Trump’s “America First” policy, he emphasizes that this policy should not turn into “America alone”. Economic and military cooperation between Western countries is essential for global stability. If this alliance begins to fragment, it will have a negative impact not only on America but also on the world order as a whole.

Dimon cautioned that splitting the alliance could weaken America over time. Therefore, it is important for foreign policy to consider the long-term impact on international relations and global stability.

Conclusion

The current tariff policy aims to strengthen the domestic economy, but its short-term impact on inflation and economic growth needs to be watched. A balance between domestic market protection and international cooperation is key to avoiding a possible recession and maintaining global economic stability.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.