Goldman Sachs CEO says business community understands what Trump is trying to do with tariffs
David Solomon, CEO of Goldman Sachs, is discussing the business community ideas about President Donald Trump’s tariff, supporting small companies, canceling bank organization and making America the world of encryption in the world.
David Solomon, CEO of Goldman Sachs, revealed the real ideas of the business community about President Donald Trump’s tariff early Wednesday, and told Maria Bartopiromo of Fox that while members of society want a “less tariff everywhere”, they understand Trump’s intentions.
“I think the business community understands what the president is trying to do with … definitions. The business community always wants a less tariff everywhere … in the world.”
“At the present time, there is some uncertainty in the markets to digest it, but we will have to watch and see how all this is shown.”
Some major banks have reviewed their economic expectations in the midst of the current environment, including the economists of Goldman Sachs.
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David Solomon, CEO of Goldman Sachs on Wednesday, said the business community “understands” President Trump’s intentions with definitions. (Reuters photos / Shannon Stableton / Reuters)
In the exclusive “Future of Sunday morning” it was broadcast during the weekend, the president responded to searching the business community from clarity by hinting that the current definitions may rise in the future.
He also refused to answer directly whether he expected the American economy to see a recession this year, as Bartiromo told the country that the country would witness a “transitional period” with the ease of “restoring wealth to America”.
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Trump’s tariff entered 25 % on aluminum and steel imports early on Wednesday. The European Union responded with retaliatory definitions of $ 28 billion from the United States starting April 1.
Trump’s mutual definitions were planned on April 2.
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“Charlie Gasparino” at Fox joins the “Great Money Show” office and argues despite the immediate fluctuations, “Goodies” can come to the American economy in the wake of President Donald Trump’s tactics.
On Wednesday, to answer questions about the merger and acquisitions (M&A) and subscription subscriptions in light of the current economy, the activity levels are “a little better” than it was during the past 24 months.
“There is still a huge amount of pent -up demand for the activity of capital markets and the activity of integration and purchases,” he said.
“I would like to say, at this moment, that the level of uncertainty is slightly higher, and this has kept some possible transactions on the margin, but the general level of dialogue, where people think strategically about the place where they want to lead their business,” is increasing. “
Suleiman said that he expected to pick up activity in both capital markets and integration and purchases with the progress of the year.
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2025-03-12 14:18:00
