Trump: Tariffs have not caused inflation or caused other problems for the country
Trump, Internet report: Tariffs have brought trillions of dollars in revenue to our country, which is incredibly good news for our country, stock market, overall wealth and almost everything. It turns out that even at this late stage, the tariffs did not cause inflation or other problems for the country. The only impact was a flood of cash into our treasury. In addition, data shows that in most cases, tariffs are not borne by consumers, but are mainly borne by companies and governments, many of which are paid by foreign governments and companies. But Goldman Sachs CEO Solomon refused to admit these facts. They made wrong predictions long ago about the market impact and the tariffs themselves, and they turned out to be wrong, just as they were terribly wrong about many other things. I think David should find a new economist or just focus on being a DJ and stop worrying about running a large financial institution.
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