By Gram Slattery, David Shepardson and Joey Roulette
WASHINGTON, June 13 (Reuters) - U.S. Republican
presidential candidate Donald Trump and Jeff Zients, U.S.
President Joe Biden's White House chief of staff, on Thursday
met with top American business leaders in Washington as they
seek to curry favor with corporate America months ahead of
elections, two sources said.
Trump was interviewed by conservative commentator Larry
Kudlow, who served as a key economic adviser during Trump's 2017
to 2021 term, the sources said. JP Morgan Chase CEO
Jamie Dimon was seen leaving the building after the meeting.
The meeting with the Business Roundtable, which counts
200 CEOs as members, focused on the economy, other sources said
before it started.
But the dualing Thursday pitches show both candidates are
increasingly focused on wooing deep pocketed and powerful
corporate CEOs as the election draws near. In a May
Reuters/Ipsos poll, 44% of registered voters said they believed
Trump had a better plan for the economy compared with 33% in
support of Biden's economic strategy.
The Biden campaign's message was clear Thursday morning: In
a statement showcasing economic improvements under the
Democratic president, the campaign criticized Trump's economic
proposals, and his past.
"Donald Trump couldn't run a lemonade stand, let alone
our country. He is a fraud, a crook, and a failed businessman
and president who left America in economic ruin," campaign
spokesperson James Singer said before the meeting.
Trump economic adviser Stephen Moore said after the
meeting the former president "had a very pro-business message"
that emphasized tax cuts for businesses and reducing regulation.
ELECTRIC VEHICLES, TAXES
Biden and Trump, who are locked in a tight race five months
before the Nov. 5 election, disagree on a number of major
economic issues.
Biden has made protecting the environment a core part of his
economic plans. His administration has created a series of
incentives for the purchase and use of electric vehicles, and in
January his administration paused approvals for applications to
export liquefied natural gas from new projects.
Trump, while at times light on specifics, has attacked
measures meant to hasten the transition of the U.S. economy away
from fossil fuels and has repeatedly claimed that electric
vehicles do not work.
While in office, Trump cut the top corporate tax rate from
35% to 21%. Biden has proposed increasing the top rate for large
corporations to 28%, below historic levels, but above the
current figure.
BUSINESS TITANS RETURN TO TRUMP
Both men have broadly used tariffs to protect U.S. industry.
Trump has proposed putting a 10% duty on all imports.
"President Trump's America First economic program will
deliver middle class tax cuts, record-setting regulation cuts,
fair trade, abundant energy, low inflation, better wages and a
restoration of the rule of law in America," said Trump campaign
spokesperson Karoline Leavitt.
While in Washington, Trump is also slated to speak to
Republicans in the Senate and House of Representatives at
locations close to the U.S. Capitol. Those meetings are expected
to focus on the policy priorities of a potential second Trump
term.
The Business Roundtable routinely asks major party
presidential candidates to address the group during election
years. Even so, Trump's appearance underlines how some in the
business community have warmed to the former president after
many companies distanced themselves from him and his supporters
following the Jan. 6, 2021, attack on the U.S. Capitol.
In the weeks after the attack, many major corporations said
they would no longer donate to federal politicians who denied
the legitimacy of the 2020 vote, which Biden won, though many
have since appeared to quietly walk back that pledge.
Business titans like Stephen Schwarzman, the CEO of
Blackstone, have previously forsaken Trump, only to announce in
this election cycle that they would support him after he easily
dispatched his rivals in the Republican presidential nominating
contest earlier this year.