Jamie Dimon Reverses On Trump Tariffs

Wall Street is taking notice — and this time, it’s in Trump’s favor. JPMorgan Chase CEO Jamie Dimon, once wary of tariffs, is now crediting President Trump’s America-first trade agenda for helping stabilize the U.S. economy and encourage domestic manufacturing.

Dimon: Trump’s Tariffs Now “More Moderate and Thoughtful”

In a revealing interview with CNBC, Dimon acknowledged that the Trump administration’s earlier use of tariffs stirred uncertainty — but he says those days are gone.

“They’re more moderate, more carefully done,” Dimon explained. “And hopefully they’ll help some companies export. Maybe even move manufacturing back to the U.S.”

This shift is a major endorsement of Trump’s bold trade strategy — a strategy mocked by globalists, but now proving to pay dividends for American workers and industries.

Trump’s Trade Wins: Japan, the U.K., and the EU Reworked Deals

Dimon, like many on Wall Street, initially warned of a recession from Trump’s aggressive negotiations. But the facts tell a different story.

Trump’s hardline approach secured new trade deals with Japan, the United Kingdom, and the European Union, all on more favorable terms for the U.S. The once-feared tariffs have been “greatly moderated,” according to Dimon.

A 15% Tariff Rate? Businesses Can Handle It

With most agreements now featuring a 15% baseline tariff, Dimon says companies are adjusting — and in many cases, thriving.

“People can deal with a 15% rate,” Dimon said. “It often only applies to half of all imports, not everything.”

He added that on a $30 trillion U.S. economy, $300 billion in tariffs is minimal — a small sacrifice for stronger sovereignty and economic independence.

Higher Inflation? Yes. But More Growth? Absolutely.

Dimon admitted there may be slightly higher inflation, but argued the benefits outweigh the concerns.

“What you really want is growth,” he said. “That matters far more than a minor tick in inflation.”

That statement aligns with the Trump doctrine: rebuild American strength, even if the global elite don’t like it.

A Wake-Up Call for Corporate America

Dimon hinted that more U.S. companies are now looking to bring manufacturing home — a longtime goal of Trump’s economic plan.

For everyday Americans — especially older voters who remember a time when the U.S. made things — this could signal a long-overdue return to national self-reliance.

Bottom Line: Trump’s Trade Policies Are Working

Dimon’s comments confirm what many conservatives have believed all along: Trump’s tariff policies aren’t reckless — they’re results-driven.

And now, even the CEO of America’s biggest bank is acknowledging it.