Goldman Sachs CEO says business community understands what Trump is trying to do with tariffs
Goldman Sachs CEO David Solomon is discussing the minds of the business community on President Donald Trump tariffs, small business support, dismantling banks and to make America’s cryptic capital.
Goldman Sachs CEO David Solomon revealed the real thoughts of the business community President Donald Trump tariffs From Wednesday, Fox Business’ Maria Bartiromo, while community members want to “lower lower tariffs everywhere”, “Trump’s intentions understand.
“I think that the business community understands what the president is trying to do … Tariffs. The business community will always want lower tariffs everywhere …
“At the moment, there is some uncertainty in the markets, but we will have to watch and see how all this plays.”
Some major banks have revised their economic forecasts in the middle of the current environment, including Goldman Sachi economists.
On Wednesday, Goldman Sachi General Director David Solomon said that the business community “understands” President Trump’s intentions at tariffs. (Reuters / Shannon Stapleton / Reuters Photos)
Sunday morning futures, the president answered the search for the simplicity of the business community, hinted that the existing tariffs could climb in the future.
He also refused to answer directly if he predicts that the US economy could see this year by telling Bartiromo See “Transition Period” In order for his policy into force to “bring wealth to America”.
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25% Trump Tariffs on the import of aluminum and steel, which he threatened to divide 50% into a moment, entered into force on Wednesday. From April 1, the European Union (EU) responded at the US exports worth $ 28 billion.
Trump’s reciprocal tariffs are scheduled for April 2.
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Solomon on Wednesday, answering questions about mergers and achievements (M & A) and IPOs, said that the level of activity is “slightly better” than in the last 24 months.
“There is still a lot of slippery demand for both capital markets and for activities M & A,” he said.
“I would say at this time the level of uncertainty is a little higher, and it is a little higher, and it is stored within the framework, but the general level of dialogue, as they want to strategically enter their business.
Solomon stated that he expects a pickup in the activity both in the capital markets and M & A, as the year is evolving.
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