JPMorgan Chase CEO Jamie Dimon says a recession will likely be triggered by President Trump's sweeping tariffs

The current tariff-induced market swoon doesn't compare with 2008 financial crisis, when the world was massively over-leveraged, JPMorgan Chase (NYSE:JPM) Chairman and CEO Jamie Dimon said on Wednesday.

JPMorgan Chase CEO Jamie Dimon warned that there will likely be higher inflation because Trump's tariffs, which have also created elevated uncertainty amid retaliation threats.

JPMorgan Chase Chief Executive Jamie Dimon said he thinks a recession is a likely outcome from President Trump’s tariffs. Asked on Fox Business Wednesday morning if he expects a recession, he said, “I am going to defer to my economists at this point but I think probably.

JPMorgan Chase CEO Jamie Dimon has changed his tune on President Trump's tariffs, telling Fox Business Network that a recession is "a likely outcome." Stephanie Ruhle explains why this matters and why this should be on your radar amid a flurry of other Trump headlines.

President Trump, a consummate consumer of cable news, said that he watched JPMorganChase CEO Jamie Dimon’s interview on Fox Business this morning. During his TV interview, Dimon said a recession is a “likely outcome” of the new tariff program,