Wall Street executives are increasingly concerned about the potential impact of tariffs on America’s economic standing. Many CEOs have cycled through stages of denial, anger, and acceptance as they assess the implications of these trade measures. Since President Trump introduced tariffs earlier this year, uncertainty has risen among global investors. These tariffs are raising costs for businesses and consumers alike, while also straining international relationships. Executives are now warning that the U.S. global financial position could be at risk if these policies persist. JPMorgan Chase CEO Jamie Dimon emphasized the importance of maintaining the U.S. dollar’s dominance in global reserves. He warned that without strong military and economic leadership, the dollar might lose its status as the world’s reserve currency. Despite administration claims that tariffs will boost the economy, many Wall Street leaders remain skeptical. They advocate for more negotiation with trading partners like China to prevent further economic disruption.
— new from NPR
