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Big bank CEOs weigh in on Trump's tariffs: 'Considerable turbulence'

1. CEOs express concerns over tariffs impacting economic outlook. 2. Dimon warns tariffs may raise inflation and affect economic alliances. 3. Trump's increased tariffs on China prompt retaliation from Beijing. 4. Quick trade resolution deemed essential for positive economic impact. 5. Economy uncertainty may lead to slow growth in 2025.

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FAQ

Why Bearish?

Concerns over tariffs and trade wars can slow economic growth, historically leading to market declines.

How important is it?

The potential for elevated inflation and economic slowdown affects investor sentiment and market performance.

Why Long Term?

Trade policies have prolonged effects on inflation and economic stability, impacting stock prices over extended periods.

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