
Morgan Stanley CEO James Gorman issued a warning: The market is "complacent" about Trump's tariff policy and may underestimate the risks

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JPMorgan Chase CEO Jamie Dimon warned the market about complacency regarding Trump's tariff policy, believing it may underestimate the risks. He emphasized the importance of a trade agreement between the EU and the US, and pointed out that the EU faces challenges in competitiveness. Dimon also mentioned that the possibility of the Federal Reserve raising interest rates is higher than market expectations, despite pressure from the Trump administration to lower rates
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