Jamie Dimon says US should strengthen allies economically, in veiled criticism of Trump

JP Morgan boss appears to condemn president’s tariff regime in annual letter to shareholdersMiddle East crisis – live updatesThe head of America’s largest bank has pressed the White House to strengthen America’s allies economically in order to “avoid truly adverse consequences”, in the latest instalment of an increasingly testy relationship with the Trump administration.As the Middle East conflict sparked by US and Israeli attacks on Iran enters its sixth week, Jamie Dimon, the chair and chief executive of JP Morgan Chase, said in his annual letter to shareholders that “good” US foreign policy should put America first “though not alone”. Continue reading...