Jamie Dimon urges US to engage with China | FT

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In a wide ranging interview with the FT's editor Roula Khalaf, the JPMorgan Chase chief executive urges the US and China to resume high-level engagement, and warns that US dominance cannot be taken for granted

#JamieDimon #DonaldTrump #China #tariffs

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When you lose your competitiveness, you blame others for unfair trade.

When you over-spend, you blame others for over-producing.

When you punch others and suffering a backlash, you demand the other party to come talk to you.

Don’t forget America has benefited immensely past 4 decades from globalization. It’s your domestic policies and not trade policies that led to the dire state today.

Such a cry baby and immature country. Time to self reflect and soul search. Else the only path forward for America is down.

daoistwanderer
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As an exporter, I shipped fruit from California and Washington to China for more than 20 years. In 2017, I chartered a whole Boeing 737 of cherries from California to central China. The Chinese consumers love American fruit, from apples, oranges to cherries and strawberries to plums. While exporting cherries to China, we imported plastic consumer packaging bags and liners from China to package the cherries, as U.S.-made alternatives were either prohibitively expensive or difficult to source. The trade war and the pandemic put a stop to it. In the beginning of the year, we had high hopes of Trump promoting more businesses and we planned to charter more planes to China with fruit. Now, I have growers calling me to explore more U.S. domestic sales. The U.S. farmers are suffering and crying. And now, for the first time, I see chicken feet on sale in Costco stores; they used to go to China for big bucks. We need win-win trade deals with China. Trump is destroying the American economy and reputation. I hope he wakes up sooner better than later. China hawks in America know how to demonize China, but they have no clue about how to work with China to make America greater.

igolfer
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Criticizing Chinese human rights violations whilst threatening to invade Canada, Panama and Greenland and planning to turn Gaza into luxury waterfront real estate.

glennet
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"Do you have faith in Scott Bessent?"
"I hope so."
That's a big downgrade lol.

wenerjy
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The U.S. keeps prioritizing tax cuts for the rich at the expense of the middle class—the very backbone of a strong economy. It’s time to stop blaming China and start taking responsibility for our own policies.

Seeya
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The interview needed a journalist who covers and knows capital markets better - this was one of the most interesting 10 days in the markets since forever and this interview might have been done on another Wednesday.

carora-vtxe
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This guy calls for china to look at itself??? What about Gaza, Syria, Iraq, Afghanistan, Venezuela…. Man

btrueday
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I'm not going very deeply into this interview. It's clear that in his position, Jamie Dimon has no choice but to talk up how well the US economy is.

folag
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It's true about what they say. The more one opens one's mouth, the less meaningful one's words become.

nmejias
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American logic: I got fat eating fast food, let's sue them for selling it to me.

qaisarqureshi
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Back in January this idiot told people to “get over it” when it came to tariffs….how times have changed

Jay-utov
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the first 2 minutes tell us all we need to know about how biased and short-sighted this video is

jasonhe
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The most important thing everyone should think about now is how to invest in different sources of income that are not dependent on the government. Especially with the current economic crisis around the world

. This is still a good time to invest in different stocks like gold, silver and digital currencies. all thanks to Samara Cohen for coaching.

🌍

claddiegilbert
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Jamie Dimon is not going to tell you any secrets. The mediocrity of his interviews makes your head spin.

bentao
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U.S. is like a house of cards. Strong ? It’s totally indebted and technically bankrupt. That’s the root cause to fix to question why such a huge and prosperous country had deteriorated to this state. Instead of blaming others.

daoistwanderer
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And how does Jaime look at anti trust laws and corporate monopolies controlling 90% of consumer goods

lisabeysiegel
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8:36 Well said, Jamie. "America first, but not America alone"

sukhdhillon
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I trust Jamie dimon almost as much as Larry Fink.. both of them never speak unless they're getting something out the back door

christrumbo
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this guy loves to hear himself speak.
no other us banker is doing these interviews.

jaguarkaboom
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People like Jamie are part of the problem. Going to him for solution is like a lamb going into lions den asking for protection

samuraijack
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