"Now it's coming down a little bit, because of that, because of trade, all the noise around the world about populism," he said. Dimon also insisted on the need to resolve the US-China trade war. "It's the most important relationship geopolitically in the world for the next hundred years," he said. While acknowledging the administration "has raised very serious trade issues and they are right," Dimon worried about the fits and starts in the talks between Beijing and Washington.
"Both sides want to resolve it. And you see every time it looks like we might resolve it, things get better," he said. But when it "looks like we won't resolve it things get worse."