US EditionGoldman Sachs CEO: Business community ‘understands’ what Trump is trying to do with tariffs
- Goldman Sachs CEO David Solomon stated that the business community "understands" President Trump’s intentions with tariffs, noting that he seeks to "level the playing field" by imposing levies on imports.
- During a meeting with CEOs, Trump reiterated his commitment to tariffs, warning that additional duties could be imposed and existing rates might rise further.
- Solomon emphasized the need for stability in economic policy to facilitate long-term planning, pointing out increasing caution among business leaders due to uncertainty about Trump's economic policies.
- Despite market volatility, Solomon expressed optimism for initial public offerings, suggesting that clearer regulatory signals could stimulate economic activity.
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Several top corporate CEOs recently confided that despite their public shows of fealty to President Donald Trump, they are less than flattering of him behind closed doors.According to the Wall Street Journal, Trump was the main topic of conversation a gathering of corporate executives at the Yale CEO Caucus earlier this week. The economy has been on a roller coaster ride since Trump announced — and then almost immediately withdrew — punishing ne…
·Washington, United States
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Goldman Sachs CEO: Business community ‘understands’ what Trump is trying to do with tariffs
Goldman Sachs CEO David Solomon said that the business community “understands” what President Trump is trying to do with levies on various goods, even though they want "lower tariffs everywhere.”
·Washington, United States
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Coverage Details
Total News Sources8
Leaning Left1Leaning Right3Center3Last UpdatedBias Distribution43% Center, 43% Right
Bias Distribution
- 43% of the sources are Center, 43% of the sources lean Right
43% Right
14%
C 43%
R 43%
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