Politics8/12/2025Bloomberg

Trump Mocks Goldman CEO, Says Bank Made Bad Call on Tariffs

Trump Mocks Goldman CEO, Says Bank Made Bad Call on Tariffs

President Donald Trump has criticized Goldman Sachs CEO David Solomon, stating that the bank made a "bad prediction" regarding the impact of Trump's tariff policies on markets and consumer costs. Trump's comments come as the ongoing trade tensions between the U.S. and its trading partners continue to be a source of concern for the financial sector. The president's remarks highlight the ongoing tensions between the administration and the business community, as the latter grapples with the economic implications of the administration's trade policies. While the article does not provide further details on the specific predictions made by Goldman Sachs, it suggests that the bank's assessment of the impact of tariffs has been at odds with the administration's stance, leading to a public rebuke from the president.

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