Wall Street leaders warn of harsh economic consequences from Trump's tariffs

The business sector has tried to avoid criticizing Trump in public and welcomed his vows of lower taxes and deregulation, but the market sell-off appears to have loosened more tongues on Wall Street.

Apr 7, 2025 - 18:54
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Wall Street leaders warn of harsh economic consequences from Trump's tariffs
JPMorgan Chase CEO Jamie Dimon, pictured at a meeting in October, warned Monday that tariffs will raise prices, slow economic growth and hurt the country

The business sector has tried to avoid criticizing Trump in public and welcomed his vows of lower taxes and deregulation, but the market sell-off appears to have loosened more tongues on Wall Street.

(Image credit: Kevin Dietsch)