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flag JPMorgan's CEO warns of an impending U.S. recession due to trade tensions with China.

flag Jamie Dimon, CEO of JPMorgan Chase, warns that the US economy is likely heading into a recession due to the escalating trade war with China and President Trump's tariffs. flag He cites rising inflation, market turmoil, and potential borrower defaults as factors. flag Dimon urges quick progress in trade negotiations to stabilize markets, with JPMorgan economists predicting a 0.3% GDP contraction this year.

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