On Monday J.P. Morgan Chase (JPM, -1.16%) CEO and chairman Jamie Dimon told CNBC that he saw two major risks to the U.S. economy: the trade war in China and the end of quantitative easing.
In an appearance on Closing Bell, Dimon said that he and other business leaders had told the Trump administration they disagreed with the tactic of raising tariffs on Chinese goods, but the president “obviously doesn’t agree with us.” He said that if the dispute were to escalate to a trade war, it could erase the administration’s progress.
