"As a negotiating strategy, it might've worked," Dimon told CNN's Poppy Harlow. Former White House economist Gary Cohn, who was once second in command at Goldman Sachs, flatly said last week that "tariffs don't work." Dimon said he agrees with Cohn that tariffs "don't work technically" because they cause negative side effects, namely rising costs for consumers and businesses. I got them to the table and no one else did,'" Dimon told CNN. Jamie Dimon concedes that President Donald Trump's position on tariffs just may be paying off.

Source: CNN March 19, 2019 10:21 UTC