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Trump Tells Goldman Sachs CEO David Solomon to Replace Economist over Tariff Predictions
Trump disputes Goldman Sachs CEO David Solomon's warnings, claiming their tariff impact predictions were incorrect despite market turmoil and international backlash since policy enactment.
- Trump told Goldman Sachs CEO David Solomon to replace the bank's chief economist, Jan Hatzius, or focus on being a DJ instead of running a major financial institution.
- Hatzius warned that American consumers will end up absorbing an increasing share of the cost of Trump's tariffs, estimating 67% by October compared to 22% in June.
- Trump claimed tariffs have not caused inflation or problems for America, and that companies and foreign governments are mostly paying the tariffs, not consumers.
46 Articles
46 Articles
Trump tells Goldman Sachs CEO to hire a new economist after bank's tariff findings
Days after Goldman Sachs' top economists published research claiming price increases stemming from higher tariffs are poised to soon be borne mostly by consumers, US President Donald Trump is urging the bank's CEO, David Solomon, to get a new economist."Tariffs have not caused Inflation, or any other problems for America, other than massive amounts of CASH pouring into our Treasury's coffers," Trump wrote in a Truth Social post on Tuesday."David…
'Maybe, he ought to just focus on being a DJ': Trump rips Goldman Sachs CEO
President Trump took aim at a Wall Street behemoth on Tuesday, launching a highly personal attack against Goldman Sachs CEO David Solomon and the firm’s chief economist, Jan Hatzius, in the latest chapter of his ongoing dispute with mainstream business leaders over the impact of tariffs on the American economy. “I think that David should go out and get himself a new Economist or, maybe, he ought to just focus on being a DJ, and not bother runnin…
Trump rebukes Goldman's Solomon over bank's tariff impact research
U.S. President Donald Trump hit out at Goldman Sachs CEO David Solomon on Tuesday, saying the bank had been wrong to predict tariffs would hurt the economy and questioning whether Solomon should lead the Wall Street institution.
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