Feb 24th, 2026

Trump's New 10% Tariff Takes Effect; Dimon Warns on Credit Risks | Bloomberg Brief 2/24/2026

US equity futures rise after stocks sold off following a Citrini Research report that fueled AI disruption concerns. President Trump's 10% global levies kick in as the administration efforts to preserve his trade agenda after the Supreme Court struck down his original duties. Warnings around credit markets mount as JPMorgan Chase CEO Jamie Dimon says he sees parallels to the era before the 2008 financial crisis and Arini Capital Management Founder Hamza Lemssouguer expects significant defaults and disruption. Sharon Bell of Goldman Sachs discusses the market rotation out of US stocks.