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President Trump’s relationship with the American business community suffered a major setback on Wednesday as the president was forced to shut down his major business advisory councils after corporate leaders repudiated his comments on the violence in Charlottesville this weekend.

Trump announced the disbanding of the two councils — the Strategy & Policy Forum and the Manufacturing Council, which hosted many of the top corporate leaders in America — amid a growing uproar by chief executives furious over Trump’s decision to equate the actions of white supremacists and protesters in remarks he made at Tuesday at Trump Tower.

But those groups had already decided to dissolve on their own earlier in the day, a person familiar with the process said. JP Morgan Chase chief executive Jamie Dimon, a member of the Strategy & Policy Forum, told employees in a note on Wednesday that his group decided to disband following Trump’s news conference on Tuesday, in which he appeared to show sympathy for some of the people who marched alongside the neo-Nazis and white supremacists in Charlottesville.

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President Trump, with senior adviser Jared Kushner, left, and Merck chief executive Kenneth Frazier, right, meets with manufacturing chief executives at the White House in February. (Melina Mara/The Washington Post)

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Trump’s business advisory councils disband as … – Washington Post

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