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JPMorgan’s Dimon warns US faces ‘considerable turbulence’ amid trade war threats

Jamie Dimon, CEO of JPMorgan Chase, warns President Trump that the US economy is facing “substantial turbulence” from the threat of launching a global trade war. “The economy is facing considerable turbulence (including geopolitics), with the potential positives of tax reform and deregulation, tariffs and “trade wars”, continuous expansion of stickiness, high financial obstacles, and […]

Vietnam prepared to crack down on Chinese trade to avoid Trump tariffs

Gordon Chang, a senior fellow at the Gatestone Institute, discusses a potential tariff talk with China in “The Evening Edit.” Vietnam is reportedly ready to crack down on Chinese goods shipped to the US via its own territory to avoid compromising US tariffs. The offer, initially reported by Reuters, raised concerns about Chinese goods sent […]

India Sees ‘Opportunity of a Lifetime’ in Trump’s Trade Policy

Indian Commerce Minister Piyush Goyal said on Monday that President Donald Trump's trade policy could create “a once-in-a-lifetime opportunity” for India. “We are standing up in a history where India is well-dead to turn the current situation into opportunities,” Goyal said. I said India Global Forum in Mumbai. Goyal explained India, sympathetic to President Trump's […]

Yellen: Trump 'has taken a wrecking ball' to economy with trade war

Former Treasury Secretary Janet Yellen, who served under former President Biden, said President Trump “stolen the destructive ball.” “President Trump has inherited a very strong growth economy, the labor market is working very well, low unemployment rates and a prominent record of job creation,” Yellen told CNN International's “One World” on Thursday. “So we had […]

Trump trade policy 'nonsensical': Scaramucci

Anthony Scarumucci, a former White House communications director who served 10 days during Trump's first term, denounced Trump's approach to trade policy as “meaningless” in an interview Tuesday. Scaramucci told CNN's “Situation Room” that even if the president begins negotiations with US trading partners, “he leaves them with painful feelings,” causing long-term damage to America's […]

April 2 will be America’s trade and tariff liberation day

President Trump is going to impose Mutual tariffs to wipe out April 2nd. The move aims to level the arena between American free enterprises and foreign state-sponsored competitors. “April 2 will be America's liberation day,” the president said. I hope he literally means that. Instead of building it, America is buying the future. The Day […]

DEI just won’t die at Wall Street trade group SIFMA

Wall Street is running away from Day, but its industry groups continue to promote and promote questionable legal employment practices that critics claim to lead to race- and gender-based allocations they have learned money. The Securities Industry and Financial Markets Association, widely known on Wall Street by the acronym Sifma, is touted as “the voice […]