Trump hits out at Goldman Sachs chief over ‘bad’ tariff prediction

President questions whether David Solomon should lead bank and says he should return to former hobby of DJing

Donald Trump hit out at Goldman Sachs CEO David Solomon on Tuesday, saying the bank had been wrong to predict tariffs would hurt the economy and questioning whether Solomon should lead the Wall Street institution.

In a post on Truth Social, Trump said it was mostly foreign companies and governments absorbing the cost of his tariffs. “But David Solomon and Goldman Sachs refuse to give credit where credit is due. They made a bad prediction...on both the Market repercussion and the Tariffs themselves,” he wrote.

Continue reading...

from The Guardian https://ift.tt/8nzYbxL

Comments

Post a Comment

Popular posts from this blog

The heartbreak of watching a parent fall for fraud: ‘Dad, this is a scam – have you given her money?’ | Naima Brown

The scammers my dad encountered were not sophisticated, my father suspended his own disbelief wilfully. But many scammers are sophisticated and they’re getting harder to detect Bomba wasn’t the first, but she exploded in our lives like a digital grenade. She’s not real, I told my dad – then in his early seventies. I was in Australia at this time, where I’ve lived for the last 13 years. Physically speaking, he was still in California – but within himself he was adrift in a rapidly sinking lifeboat, floating in a morass of debris primarily of his own doing. But it must be said before I go further: my dad isn’t the bad guy in this story. Not this time. At times, he was the bad guy in other people’s stories– but that is another story. If she’s not real, he countered, then how is it that we’ve spoken on the phone? That we video-chatted? I’ll admit that threw me. In most catfishing stories the catfish goes to great lengths to avoid video chatting. But my dad being the unreliable sourc...
Read more

Tributes paid to ‘much-loved’ boy killed in Gateshead industrial estate fire

Death of Layton Carr, 14, has left community ‘heartbroken’ as police arrest more than a dozen children A 14-year-old boy whose body was found after a large fire in Gateshead was “valued and much loved”, his headteacher has said. Fourteen children have been arrested on suspicion of manslaughter over the death of Layton Carr, from South Tyneside. Continue reading... from The Guardian https://ift.tt/xS3DR60
Read more

‘This is not our first rodeo’: Israelis remain stoic amid Iran strikes

Many citizens see loss of lives, homes and much else as a painful but necessary sacrifice for country’s future Middle East crisis – live updates The Iranian missile blew the door off the White City museum celebrating Bauhaus Tel Aviv, and shattered the windows of the Quick coffee shop down the road, where cinnamon buns and salads sat in the display case ready for a relaxed summer day that would never come. In the ultra-orthodox neighbourhood of Bnei Bark another missile collapsed a school, killing an 80-year-old man. A third hit partway up a high-rise tower in manicured, suburban Petah Tikva, destroying a reinforced safe room and killing the family inside. Continue reading... from The Guardian https://ift.tt/5X13r8n
Read more