#global-economics

#global-economics

Dimon highlighted the internal challenges faced by the U.S., stating: "The biggest one... is the enemy within. I'm not as worried about China."

Nations with outsized oil production like the US and Saudi Arabia gain economic and military strength, serving as a key indicator of their power on the global stage.

Many exporters to the United States and importers from other countries that trade with the US are saying they have to greatly reduce their dealings with the United States, recognizing that whatever happens with tariffs, these problems won't go away.

"We are seeing historical changes in the world that affect not only the geopolitical balance of power and the post-war liberal international order, but democracy itself."

Since Mr. Trump's inauguration, the S&P 500 has fallen 6 percent, while the Dax index in Germany has risen 10 percent and the Europe-wide Stoxx 600 index has gained more than 4 percent.