Trump tells the CEO of Goldman Sachs that the economist is replaced by the predictions of the customs tariff

president Donald Trump On Tuesday he said that Goldman Sachs CEO David Suleiman It should be replaced by economists or “focusing only on being DJ”, days after the bank’s economist warned that American consumers will pay for an increasing share of new definitions.

Trump Products against Solomon – from Moonlight Kedi G – It came at a time when the president described the revenues collected by the federal government due to the customs tariff policies.

“The customs tariff did not cause inflation, or any other problems for America Social truth mail.

Trump then said: “It has been proven that, most often, foreign companies and governments pay for definitions, instead of consumers.

“But David Solomon and Goldman Sachs refuse to give credit when credit is entitled,” Trump wrote.

“They have made a long prediction for a long time for both market repercussions and definitions themselves, and they were wrong, just as they made a mistake in a lot.”

“I think David should go out and get a new economist, or, or, he may only focus on DJ, and does not bother to manage a major financial institution.”

Trump did not call the economist who wanted to replace Solomon.

But Jean Hatzius, the chief economist in Goldman since 2011, Clear in a research note On Sunday, it will end up absorbing an increasing share of the Trump tariff cost.

“Our estimates indicate that American consumers have absorbed 22 % of the costs of customs tariffs until June, but their share is likely to rise to 67 % by October if subsequent definitions have the same impact over time as the first tariff,” said Hatzius and other researchers in Goldman.

A spokesman for Goldman refused to comment on Trump’s social media post.

Customs tariff revenues have increased in recent months, increasing to about $ 28 billion in July alone, according to the Treasury.

Meanwhile, inflation continued to increase, although the latest data showed that consumer prices have grown Less less than expected.

But many economists still warn that the full effects of Trump’s definitions have not yet been felt, and many companies have already said that they will have to raise prices in response to American import duties.