JPMorgan CEO, Jamie Dimon, has called on President Trump to quickly "engage in dialogue" with China regarding the trade war between the two sides, emphasizing that the two countries need to find a way out.

"I don't think there is currently any dialogue... that doesn't need to wait a year. It can start as soon as tomorrow."

He also affirmed that the U.S. will always be a "safe haven" due to its prosperity, rule of law, as well as economic and military strength.