Global Bank CEOs Hold Urgent Talks on Trump Tariffs

In a significant move, chief executive officers from the world's leading banks, including Bank of America Corp., Barclays plc, Citigroup Inc., HSBC Holdings plc, and JPMorgan Chase & Co., engaged in private discussions this Sunday. The focus was on the escalating impact of United States President Donald Trump's tariffs on global markets and the economy.

Organized by the Washington-based Bank Policy Institute, the call aimed to facilitate a global exchange of perspectives among banking leaders. With recession fears mounting, the dialogue underscored the urgent need for a cohesive response to the challenges posed by the current trade policies.

As reported by Sky News, this unprecedented gathering highlights the growing concern among financial institutions regarding the potential for increased inflation and economic instability spurred by the tariffs.