JPMorgan CEO Jamie Dimon urged Democrats to “more respectful” of Republican frontrunner Donald Trump’s supporters — or else risk hurting President Joe Biden’s reelection bid.

“I wish the Democrats would think a little more carefully when they talk about MAGA,” Dimon said on CNBC’s “Squawk Box” on Wednesday, referencing Trump’s campaign slogan, “Make America Great Again.”

Dimon reiterated the message from the World Economic Forum annual meeting in Davos, Switzerland, where he said: “I think this negative talk about MAGA is going to hurt Biden’s election campaign.”

The 67-year-old boss of the nation’s largest lender said that “MAGA” inaccurately affiliates Trump’s supporters with the former commander-in-chief’s character, according to CNBC.

Democrats “are basically scapegoating [Trump supporters], [saying] that you are like him,” Dimon said, per the outlet.

“I don’t think they’re voting for Trump because of his family values.” he added.

Dimon also praised some of Trump’s policies, telling progressive voters to “take a step back, be honest: He was kind of right about NATO, kind of right on immigration,” according to CNBC.

“He grew the economy quite well. Trade tax reform worked. He was right about some of China,” Dimon added. “He wasn’t wrong about some of these critical issues, and that’s why they voted for him.”

Asked on “Squawk Box” which candidate would be better for his business, Dimon said: “I have to be prepared for both. I will be prepared for both. We will deal with both.”

“And I hope whoever it is will be respectful of other people,” he added.

Dimon — who has called himself “barely a Democrat” — has previously lamented the fact that liberals, particularly those in New York City, look down on “ultra MAGA voters.”

“You’re insulting a large group of people,” he said during The New York Times DealBook Summit in November.

“I just think people [should] stop denigrating each other all the time because people take a point of view that is different than yours,” Dimon added.

Biden himself has bashed “MAGA Republicans,” saying in an overly-political primetime address back in 2022 that Trump and his supporters “represent an extremism that threatens the very foundations of our republic.”

“There’s no question that the Republican Party today is dominated, driven and intimidated by Donald Trump and the MAGA Republicans. And that is a threat to this country,” the 81-year-old president added in the 24-minute speech, which the White House billed as “the battle for the soul of the nation.”

Dimon also previously urged liberal voters attending the event to back Nikki Haley, saying she’s the GOP candidate with the best chance of unseating Trump, who won the Iowa caucus earlier this week in a historic landslide.

“Even if you’re a very liberal Democrat, I urge you, help Nikki Haley too,” he said.

Dimon has also shared that he would work with Trump if the 45th president returns to the Oval Office in January 2025, but demurred when asked if he would support “anything but Trump.”

“I would never say,” Dimon said. “He might be the president, I have to live with that too.”

Though former South Carolina governor Haley drew support earlier in her campaign — with onlookers saying she clearly won the fourth and fifth Republican debates, both of which Trump was absent from — Trump remains the prohibitive favorite to win the GOP nomination.

At the Iowa caucus, Trump scored 51.1% support, followed by Florida Gov. Ron DeSantis (21.2%), Haley (19.1%) and biotech entrepreneur Vivek Ramaswamy (7.7%), who ended his campaign and gave Trump his support as the result became clear.