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Goldman 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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  • 43% of the sources are Center, 43% of the sources lean Right
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Financial Post broke the news in Canada on Wednesday, March 12, 2025.
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