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Jamie Dimon Changes Tune on Trump Tariffs: ‘So Far, so Good’

UNITED STATES, AUG 01 – Jamie Dimon held two White House meetings with Trump to discuss trade, economy, and Federal Reserve independence amid a warming relationship, sources said.

  • Most recently, JPMorgan CEO Jamie Dimon reportedly visited the White House twice in the past two months to hold direct talks with President Trump, confirming a thaw in their years-long icy relationship.
  • The animosity began when Dimon called Trump’s refusal to accept the 2020 election ‘treasonous’ and they clashed at other times in recent years.
  • During the Oval Office meeting, they discussed the economy, trade, financial regulation, and the Federal Reserve, with Dimon defending Fed Chair Jerome Powell and central bank independence, attended by Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick.
  • On Thursday, Dimon had rare words of praise for Trump’s trade and tax policies when asked by CNBC reporter Leslie Picker.
  • Ahead of the Fed chair appointment window, Dimon warned that upcoming debt renewals over the next year heighten the need for lower interest rates.
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Bizpac Review broke the news in West Palm Beach, United States on Thursday, July 31, 2025.
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