J.P. Morgan Chase CEO Jamie Dimon says there are 'serious issues' affecting global companies that need to be addressed.
J.P. Morgan Chase CEO Jamie Dimon did not condemn the White House's decision to face off with China on trade. Even if it's a drag in the near-term.
"We're better off dealing with it now, whatever that means for the economy," Dimon said on stage at the Council on Foreign Relations Thursday evening."I wasn't in favor of the tariffs and the threatening but absolutely in facing the issues." The two largest economies have been locked in a stalemate over trade, each imposing billions of dollars worth of tariffs on each others' goods. Washington and Beijing moved closer to a deal during trade talks this week. But negotiators still need to smooth out details as they push for a final summit between Chinese President Xi Jinping and President Donald Trump.
"We don't want a soybean deal. If they agree to buy $200 billion in goods from us that doesn't fix the problem," Dimon said during the discussion, which was moderated by David Rubenstein, co-founder and co-executive chairman of The Carlyle Group.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Jamie Dimon says risk of cyber attacks 'may be biggest threat to the US financial system'J.P. Morgan spends almost $600 million annually to tighten its defenses and ward off a constant stream of attacks, Dimon wrote Thursday.
Leer más »
Jamie Dimon: 'Socialism inevitably produces stagnation, corruption and often worse'Dimon in his annual letter acknowledged there are flaws with capitalism and that it should be combined with a strong social safety net.
Leer más »
Watch Jamie Dimon speak about JP Morgan's global strategy and the state of the economyJ.P. Morgan Chase CEO Jamie Dimon will speak at the Council on Foreign Relations at 6 p.m. ET.
Leer más »
JPMorgan CEO Jamie Dimon Says the Stock Market’s Brutal 4th Quarter ‘Might Be a Harbinger of Things to Come’JPMorgan Chase CEO Jamie Dimon defended capitalism, lower corporate taxes, and stock buybacks while highlighting the bank’s strength’s in his annual letter to shareholders.
Leer más »
5 things JPMorgan CEO Jamie Dimon is worried about for America and his bankThe U.S. economy ‘fairly healthy,’ just not as healthy as last year and the risks of recession might be increasing, JPMorgan Chase Chief Executive Jamie...
Leer más »
JPMorgan's Dimon urges infrastructure, mortgage reform to spur U.S. growthJPMorgan Chase & Co chief executive Jamie Dimon on Thursday called for reforms t...
Leer más »
J.P. Morgan CEO calls for “Marshall Plan for America,” floats higher taxes on wealthy“The wealthy should remember that if we improve our society and our economy, then they, in effect, are among the main winners,” said J.P. Morgan CEO Jamie Dimon.
Leer más »
Dimon defends capitalism: 'Socialism inevitably produces stagnation, corruption and often worse'Dimon in his annual letter acknowledged there are flaws with capitalism and that it should be combined with a strong social safety net.
Leer más »
Stock futures stall | Tesla shares tanks | Dimon defends capitalismIt's not clear that the stock market's recent rally will end today, but it's also unclear that it will continue, with futures trading close to the flat line.
Leer más »
Jamie Dimon weighed a 2020 presidential run, sources say. Here's why he decided against itWith the Republican nomination unavailable and the leftward lean of the Democratic party making the election of a Wall Street tycoon unlikely, Dimon begrudgingly decided against running, sources said.
Leer más »