President Donald Trump on Tuesday slammed Goldman Sachs CEO David Solomon over a report showing that American consumers and businesses are shouldering the burden of tariffs, telling him to "focus on being a DJ."
Trump's comments follow a report compiled by Goldman Sachs economists that showed U.S. businesses and consumers are paying the bulk of the cost of the president's tariffs, which are taxes on imports, rather than foreign countries who Trump has said will cover the cost.
"Trillions of Dollars are being taken in on Tariffs, which has been incredible for our Country, its Stock Market, its General Wealth, and just about everything else. It has been proven, that even at this late stage, Tariffs have not caused Inflation, or any other problems for America, other than massive a