Donald Trump has sharply criticized Goldman Sachs CEO David Solomon over the bank’s recent research on tariffs, dismissing its findings as misguided.
The investment bank’s analysis suggested that higher tariffs could pose economic risks, potentially dampening growth and increasing consumer costs. Trump, however, rejected the conclusions, defending tariffs as a tool to protect US industries and strengthen the economy.
The public rebuke underscores long-standing tensions between Trump and parts of Wall Street over trade policy, highlighting the political sensitivities surrounding economic research in an election year.
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