‘They’re Not Scared’ – ryan

JPMORGAN CEO CEO JAMIE DIMON SAID The United States Needs to Get Its Act Together on Trade – Quickly.

Dimon discussed the ongoing tension between the United States and China on Friday at the 2025 Reagan National Economic Forum, where he led a fireside chat. When As Square What His Biggest World Was Right Now, Dimon pointed to the shifting global geopolitical and Economic Landscape, Including Trade.

“We have problems and we’ve got to deal with say,” Dimon said before reference to “the enemy with.”

Addressing The “Enemy Within,” He Said, Includes Fixing How the United States Permitting, Regulation, Taxation, Immigration, Education, and The HealthCare System.

It also means maintaking important Military Alliances, he Said.

“China is a potential adversary. They’re’re doing a lot of the Things Well. They have a lot of problems,” Dimon Said. “What i’m really woried about is us. Can we get out our act together? Our Values, Our Own Capabilities, Our Own Management.”

Dimon Said that if the United States is not the “preminent military and preminent economy in 40 years, we will not be the reserve currency. That’s a fact.”

Although Dimon Believes the United States is usablely resilient, he said things are different this time around.

“We have to get out Act Together, and we have to do it very quickly,” he said.

During the Conversation, Dimon Spoke About Trade Deals and Encoureded US Leaders to Engage with China.

“I JUST GOT BACK From China Last Week,” Dimon Said. “They’re not scared, folks. This notion that they are going to come bow to America, I wasnt count on that.”

Treasury Secretary Scott Bessent Disagreed with Dimon During A Sunday appeararance on CBS “Face the Nation.”

“Jamie is a great banker. I know Him Well, but I was Vociferously disagree with that asssement,” Bessent Said. “That the laws of the Economics and Gravity Apply to the Chinese Economy and the Chinese System, just like Everyone Else.”

Trump’s Decision to impose tariffs on numerous counries, including Steep Tariffs on China, Rattled Global Markets Earlier This Year. Markets Recovered after Many Countries, Including China, Began Negotiating. But the positionbility that tariffs cououl increase again at any time has investors and economicists on Edge.

On Friday, for instance, in a truth social post, Trump accused China of Violating the Two Countries’ Trade Agreement. That Same Day, Trump Said He Planned to Increase Tariffs on Steel Imports from 25% to 50%.

“WE’RE GOING TO BRING IT FROM 25% TO 50%, The tariffs on steel into the united states of America, which will be the funding secure the steel industry in the United States. Nobody’s going to get arund That,

Representatives for JPMORGAN CHASE DECLINED TO COMMENT.