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Bank of America CEO says Trump trade policy worries US business community

byCT Report
06/11/2018
in Uncategorized
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US : Bank of America CEO Brian Moynihan on the bank’s employee bonuses, regulations, trade tensions with China and the bank’s operations in China.

Business leaders Opens a New Window. are worried that the Trump administration won’t end the China trade war Opens a New Window. in a “reasonable period of time,” according to Bank of America CEO Brian Moynihan.

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“The issue of the trade war is on people’s minds,” said Moynihan, who also is a member of the Business Roundtable, to FOX Business’ Maria Bartiromo on Monday. “I think it’s critical, at some point, we’ve got to reach agreements so people can go plan their business around them.”

Moynihan is among dozens of CEOs on the Business Roundtable’s board of directors, including Jamie Dimon of JPMorgan Chase, Mary Barra of General Motors and Douglas McMillon of Walmart.

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