JPMorgan's "Economic Collapse" Warning: Inflation Could Peak! - Coin Bulletin

JPMorgan Chase CEO Jamie Dimon warned investors that U.S. President Donald Trump's tariff policy could lead to price increases and further slow down the U.S. economy.

Dimon stated in his annual shareholder letter, "The recent tariffs are likely to increase inflation and are causing many to consider the possibility of recession more seriously". He added, "It is still unclear whether the tariffs will lead to a recession, but it is certain that they will slow down growth".

Dimon stated that Trump’s new tariffs would affect not only imported products but also domestic products, emphasizing that there would be significant effects in the short term. In global markets, including crypto markets, the markets began to decline from Sunday due to expectations regarding the new tariffs that Trump would announce on Monday. Bitcoin (BTC) failed to surpass 79,000 dollars, hitting its lowest level since November.

CoinDesk 20 index is an index that tracks the 20 largest cryptocurrencies by market capitalization, and today it experienced a drop of over 10%, with a nearly 20% loss in value over the past month.

Dimon stated that Trump supports the "America First" foreign policy but that it should not become a "America Alone" policy. He also warned that America will weaken over time if the military and economic alliances of the Western world fall apart.