Jamie Dimon Urges US-Centered Engagement with China Amid Trade Tensions

JPMorgan Chase CEO Jamie Dimon has urged the United States to immediately resume high-level engagement with China amid escalating tariff tensions, warning that a lack of dialogue could erode US credibility and global economic stability. Dimon argued that while there are legitimate concerns about China's trade practices and economic influence, complete economic decoupling is neither necessary nor desirable. He cautioned that ongoing tariff wars are creating significant uncertainty, negatively impacting industries and global markets, and could undermine America's traditional strengths of rule of law, innovation, and military power. Dimon emphasized that 'America First is OK, but not America Alone,' calling for the US to work collaboratively with allies to negotiate fair trade agreements. He expressed optimism that engagement could begin immediately and stressed the importance of respectful, consistent dialogue to resolve disputes and maintain global trust in the US. Dimon's comments have influenced policy discussions, with President Trump citing them in the decision to pause some global tariffs, though steep tariffs on China remain in place.