Chrystia Freeland wrote that US business, which helped Trump in the 2024
election, is reassessing its support as his political influence wanes and may
return to a pro-globalization stance while recognizing risks of billionaire
populism. She said Trump’s hardline trade and war positions have damaged
corporate interests. JPMorgan CEO Dimon, once sympathetic to some Trump views,
recently called for a broad US-EU free trade pact, diverging from White House
policy. Freeland warned that a heavy midterm election defeat for Trump could
prompt more corporate leaders to publicize opposition; his stance on Ukraine may
be a tipping point, with former VP Pence, former Ukraine envoy Kellogg and six
Republican senators already expressing dissent.
