Trump Criticizes Goldman Sachs and CEO Over Tariff Predictions

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Source: Bloomberg.com
Trump Criticizes Goldman Sachs and CEO Over Tariff Predictions
Photo: Bloomberg.com
TL;DR Summary

President Trump criticized Goldman Sachs CEO David Solomon for a 'bad prediction' regarding the impact of tariffs on markets and consumer costs, following a Goldman Sachs report that highlighted the rising burden of tariffs on US consumers. Trump also mocked Solomon's hobby as a DJ and criticized major banks for allegedly debanking clients for political reasons, amidst broader tensions with Wall Street. Despite these conflicts, the financial sector may benefit from Trump's deregulation efforts.

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