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JPMorgan CEO Urges US to Engage India Before Imposing Tariffs and Sanctions

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JPMorgan CEO Jamie Dimon spoke at the JPMorgan India Investor Conference, expressing hope that the United States would not end up penalizing India through its tariff policies. Dimon urged Washington to understand the role Russian oil plays in India's refining sector before finalizing any related sanctions or tariffs. He stressed the importance of prior engagement with India rather than imposing measures without consultation. His remarks come amid broader global uncertainty surrounding the Trump administration's tariff agenda and its potential impact on key trade partners.

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