Economy
Jamie Dimon Warns Against Punishing India Over Russian Oil
Livemint44m
THE BRIEF
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JPMorgan CEO Jamie Dimon urged the US to avoid punishing India with tariffs on Russian oil imports while combating Russia.
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Speaking at the JPMorgan India Investor Conference, Dimon noted the bank's long-term commitment and projected India's economy to grow threefold in a decade.
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President Donald Trump recently signed legislation giving his administration power to impose up to 100% tariffs on the five biggest buyers of Russian energy.