JPMorgan CEO asks US to rethink oil tariffs, says 'Don't punish India over Russia'

JPMorgan Chase CEO Jamie Dimon said US should "sit down" and consider refraining from imposing further tariffs on India for buying Russian oil. "Hopefully America won't...end up punishing India...while doing what we need to do to combat Russia," Dimon said. Last week, US President Donald Trump signed a sanctions bill into law, threatening 100% tariffs on countries buying Russian oil.