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JPMorgan's CEO warns of an impending U.S. recession due to trade tensions with China.
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.
He cites rising inflation, market turmoil, and potential borrower defaults as factors.
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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El CEO de JPMorgan advierte de una inminente recesión en Estados Unidos debido a las tensiones comerciales con China.