JPMORGAN EXPLAINS HIS OPINION ON US TARIFFS AND DOLLAR STRENGTH
Jamie Dimon, CEO of JPMorgan Chase, said tariffs can be used both as an economic tool and a weapon.
He believes national security is more important than the economic effects of tariffs.
Dimon commented on US President Trump's plan to impose tariffs on goods from Mexico, Canada, the EU, and China.
He said if tariffs cause inflation but help national security, it is acceptable.
Tariffs can help create fair trade and push countries to negotiate better deals.
He also talked about the strong US dollar, saying it may hurt some companies but overall helps the US economy.
