Jamie Dimon emphasized Europe's economic decline, noting its GDP share has fallen from 90% of the U.S. to 65% in the past 10 to 15 years. He attributed this to structural issues and urged bold action from policymakers. Dimon suggested that completing a unified internal market is critical for improving competitiveness. He praised Ireland's economic openness while critiquing broader Europe for regulatory fragmentation. He also advocated for enhanced U.S.-Europe relations and warned against increasing trade barriers that could harm export-driven economies like Ireland.
"Europe has gone from 90% of U.S. GDP to 65% over 10 or 15 years. That's not good."
"The EU has a huge problem at the moment when it comes to the competitiveness of its economy. Simply put, you're losing."
"Europe's best chance at becoming more competitive is to finish building a truly unified internal market that works seamlessly across all industries."
"America First is fine as long as it isn't America alone."
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