US EditionTrump 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.
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The Großbank Goldman Sachs published an analysis of the level of customs costs for consumers. The US President has now issued a statement against the Institute – and against its German chief economist.
·Germany
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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…
·Australia
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Coverage Details
Total News Sources57
Leaning Left7Leaning Right7Center29Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 16%
C 67%
R 16%
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