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BUSINESS ·UNITED STATES ·October 4, 2026

Jamie Dimon said Trump was "kind of right about NATO" and "kind of right on immigration"

“was kind of right about NATO, kind of right on immigration. He grew the economy quite well. Tax reform worked. He was right about some of China. He wasn’t wrong about some of these critical issues”
— Jamie Dimon, CEO

Reported October 4, 2026 by smh.com.au. Checked word for word against that report.

✦ Summary · October 4, 2026 AI-written summary of the news — not a direct quote

Jamie Dimon, the JPMorgan Chase chief executive, gave Donald Trump qualified credit during Trump's re-election campaign, saying Trump had a point on NATO, immigration and China, and citing economic growth and tax changes as accomplishments — remarks a Telegraph column, published a month before US midterms, credits with helping improve Trump's standing among business leaders after the Capitol Hill riots. Dimon, a lifelong Democrat, has never been in Trump's inner circle, and tensions have grown: Trump filed a $5bn suit in January against him and the bank, alleging it unfairly cut off his banking services, a claim JPMorgan disputes, while Dimon criticized a proposed 10% credit card rate cap. According to the column, Dimon has since appeared to break with Trump, writing a Wall Street Journal op-ed endorsing strong military and economic alliances, which the column calls a rejection of Trump's approach.

3 sources on record