“Too great, too big, too aggressive”: Jamie Dimon was not on board with the “Trump Master Plan” but says the White House is justified in calling injustice

• CEO of JPMORGAN, Jamie Dimon He has taken a balanced position on Donald Trump’s economic policies, recognizing that, while the initial fare strategy seemed too aggressive, the effort to deal with commercial imbalances is justified and potentially beneficial. Dimon, a rare voice of both support and precaution, advised Trump to focus on growth policies, immigration reform and the measure of progress in trade, warning against excessive economic sanctions.

Jpmorgan’s CEO, Jamie Dimon, says that Donald Trump may have left the blocks too fast when it was rates, but he says that the Oval office is right to try to solve problems he has identified in the North -American economy.

In Trump’s second term, Dimon has shown something from a critical friend: Wall Street veteran has warned the White House when politics has created too much uncertainty, but also offered a more balanced perspective on some of the benefits that Oval Office policy could provide.

In rates, Dimon initially believes that the President’s approach could have been better, but said that, in general, Trump is justified in promulgating what he thinks is best for voters.

When asked about the “global approach” when it comes to rates, demons said to Fox In an interview published last night: “I thought it was too big, too big and too aggressive when it started.

“He was part of a master plan to bring people to the table.”

But Dimon added that it is important for voters to understand that “it is OK to say if it is unfair (and) we want to solve it.”

Dimon has shared a more balanced view than others you see.

For example, he said that the rates are lIkely to demonstrate only “modestly inflationary” and have the potential to do some “good things” for the economy.

But the man Who was paid for $ 39 million By his work in 2024 he also warned policymakers against taking economic sanctions and Combative rhetoric with the main commercial partners, from afar.

After President Trump said “friend and enemy” would be treated equally in the fare regime, he wrote Demon In his letter to shareholders earlier this year: “The economy is the glue for a long time, and America is fine first, as long as it does not end up being America alone.”

Demon Approach normally balanced also extended to his dam Recently announced UK trade agreement.

Although the largest bank of the CAP of America welcomed the long -awaited “first engine” to the British government of Sir Keir Starmer, he added that the agreement in principle does not constitute a new agreement on a complete scale.

“I am very happy that it has taken place,” said Demon. “The rates … It was very big and very big and everyone at the same time. I think it is very important that they begin to show progress in the agreement, so any progress is good.

“In principle they are offers … A real trade agreement would have 10 or 20,000 pages. But any progress is good.”

He added that he was glad to see that the North -American Government advances with China, with the tension on the two parts it seemed to be facilitated and the positive rumors of countries such as Japan and Taiwan.

Dimon Tips for Trump

JPMORGAN CEO was requested by any tip he could have for Trump, given that the President formerly Shared Demon Interview with Fox News.

He replied, “Continue to do what you do now.”

“When you look at it, the border has been successful … After eliminating the criminal element, I would try to work on the real reform of immigration. We need seasonal workers, we need a path to the citizenry for some of the unoccupied immigrants, but who respect the law, we need DACA (action deferred for children’s arrivals).”

He also encouraged Trump to remain in his rhetoric of the campaign to be a pro-utensil, pro-discation and active in fiscal reform.

“These things could be very good for the growth of the North -American economy. I would focus on it,” said Demon. “There are many other distractions that occur. This administration must focus on these goals. And the rates? We only go now, country by country, rate rate.”

This story originally presented to Fortune.com

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