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Goldman Sachs doubles down on tariff research that infuriated Trump, saying average Americans will bear two-thirds of the costs
"We stand by the results of this study,” Goldman economist David Mericle told CNBC's Squawk on the Street on Wednesday.
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fortune.com
Trump said foreign countries would 'eat' tariffs—but U.S. consumers and businesses will actually pay 75% at best
Goldman Sachs estimates U.S. consumers now shoulder two-thirds of President Trump’s new tariff costs, with more companies planning to pass them on in the future.
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telegraph.co.uk
Trump tells Goldman Sachs boss to stick to DJing
Wall Street bank warned that tariffs would hit American consumers in the pocket
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cnbc.com
Trump tells Goldman Sachs CEO David Solomon to replace economist over tariff predictions
President Trump said that Goldman Sachs boss David Solomon should "just focus on being a DJ" if he does not get a new economist.
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theguardian.com
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
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'Maybe, he ought to just focus on being a DJ': Trump rips Goldman Sachs CEO
A Goldman research paper about the impact of tariffs sparked Trump's ire.
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thetimes.com
Business live: Trump tells Goldman Sachs boss to focus on DJing
The US president attacks David Solomon and the Wall Street investment bank for saying tariffs would hurt the economy
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upi.com
Trump tells Goldman Sachs to get new economist after tariff forecast - UPI.com
President Donald Trump called for Goldman Sachs CEO David Solomon to replace its chief economist after a prediction that consumers would pay the brunt of the cost for tariffs.
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As Trump berates Goldman, other economists agree that higher tariff inflation is coming
Goldman Sachs is taking the heat for its call that heavier tariff-induced consumer inflation is ahead, but it's far from alone in that view.
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Goldman Sachs doubles down on tariff research that infuriated Trump, saying average Americans will bear two-thirds of the costs
"We stand by the results of this study,” Goldman economist David Mericle told CNBC's Squawk on the Street on Wednesday.
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CNBC Daily Open: Trump says tariffs haven't caused inflation — economists think they will soon
Wall Street economists are expecting inflation to reaccelerate because of tariffs. Of course, a consensus view does not mean predictions will come true.