If implemented, the proposed tariffs could spike inflation, but national security is more important, the bank CEO said.

JPMorgan Chase CEO Jamie Dimon, who oversees the country’s largest bank, said Wednesday that Americans need to “get over it” when it comes to President Donald Trump’s tariff plans driving up prices, as many economists have warned they will.

Beijing was steeling itself for a first-week assault from Donald Trump. That hasn’t happened — yet — so Chinese leaders are making nice and hoping to cut a deal.

President Donald Trump widened his tariff threats to include China and the European Union on his second day back in office after day one saw Canada and Mexico in his sights.

That’s because President Donald Trump said on Tuesday that a new 10% across-the-board tariff on Chinese goods could be enacted as soon as February 1. Unlike Mexico and Canada, which largely avoid tariffs on exports to the United States because of the current USMCA trade agreement which Trump signed in his first term,

President Donald Trump says he will soon implement a 10 percent tariff on Chinese imports over the role the country plays in fentanyl trafficking into the U.S.

Chinese stocks fell after US President Donald Trump said his threat to impose 10% tariffs on the nation’s goods was still being considered and may take place next month.