Jamie Dimon, the CEO of JP Morgan, spoke to CNBC on a host of issues relating to the US economy and trade policies.
“President has got a lot of blame for things he didn’t do but the President has done things, which accelerated growth. We have had 20 percent over 10 years, it should have been 40. I am hoping we would continue with the policies that accelerate growth and growth is good for all Americans,” he said in an interview to CNBC.
“The business community has pretty much represented to the President that we agree with a lot of the issues raised by China. The business community, in general, would have approached it differently, which is to get Canada, Mexico, Japan and Europe to have a common front to present the China the way trade should be done. It needs to be fixed, we want it to be fixed, he has taken an approach which, I am a little worried, can create these negative outcomes. We have told the president that. I am hoping his methods work,” said Dimon.