Recession is a 'likely' outcome of tariffs chaos, says JPMorgan CEO

The CEO of JPMorgan Chase has said Donald Trump's sweeping tariffs are "likely" to spark a recession. Jamie Dimon is one of the most prominent voices in corporate America and has regularly been consulted by administrations during times of crisis. Tariffs latest: US-China trade war escalatesA recession is when there are at least two six months of economic contraction in gross domestic product (GDP), the total value of goods and services produced over a specific period.Appearing on US channel Fox Business, Mr ...