Jamie Dimon: As a Negotiating Strategy Tariffs Might Have Worked
HARLOW: "We heard last week from former White House economic advisor Gary Cohn who said pretty bluntly that tariffs don’t work. He pointed to the numbers we saw. It stunned me. I mean, you have an $891 billion trade deficit, $419 billion deficit in goods, both records after the President said, 'I can solve this.' Is Gary Cohn right they don’t work?"
DIMON: "I agree with him. They don’t work technically because they cause of all these various things, but the President said, 'They worked, I got them to the table and no one else did.' As a negotiating strategy, it might have worked, yes."