Jamie Dimon talks tariffs: ‘Get over it’ [Video]

JPMorgan Chase CEO Jamie Dimon said in a new interview that a small increase in inflation caused by the Trump administration’s tariff plans would be worthwhile in the service of national security concerns.

Dimon appeared on CNBC’s “Squawk Box” and said tariffs are an economic tool that can be used for a variety of reasons, and that while they could cause inflation, that would be acceptable if it helped the U.S. meet national security goals.

“I look at tariffs, they are an economic tool, that’s it. They’re an economic weapon, depending on how you use it and why you use it and stuff like that,” Dimon said. 

“People are arguing, is it inflationary, is it not inflationary? I would put it in perspective — if it’s a little inflationary, but it’s good for national security, so be it. I mean, get over it. National security trumps a little bit more inflation,” he said.

JAMIE DIMON WEIGHS IN ON …