The auto parts supplier blamed its Q1 results on higher-than-expected costs, inflationary pressure, supply chain problems and lower, unfavorable product mix.
Dimon did not get into the details of Trump's plans, but said it depends on how the duties are implemented.
The American stock market is in the midst of a multi-year bull run.
Procter & Gamble beat quarterly earnings and revenue estimates and also reiterated its fiscal 2025 forecast.
Streaming giant Netflix said it is increasing the cost of its plans in the U.S., including its cheaper, ad-supported option.
Walt Disney Animation's "Moana 2" has crossed $1 billion at the global box office.
This is expected to be the last time Netflix will report subscriber data to shareholders.