President Donald Trump on Aug. 12 criticized Goldman Sachs CEO David Solomon, suggesting he either hire a new economist or step down as head of the Wall Street bank.
The criticism came after Goldman’s economists warned that American consumers might bear a growing share of the costs from tariffs imposed during the Trump administration’s trade battles, which Trump said have brought “trillions of dollars” in revenue into the federal treasury.
“Tariffs have not caused Inflation, or any other problems for America, other than massive amounts of CASH pouring into our Treasury’s coffers,” Trump wrote in a post on his Truth Social platform….