Business Community Understands Trump’s Tariffs: Goldman Sachs CEO

Executives also desire more policy certainty as they navigate market turbulence, said David Solomon.

Goldman Sachs Chairman and CEO David Solomon attends a session at the 50th World Economic Forum (WEF) annual meeting in Davos, Switzerland, on Jan. 21, 2020. Denis Balibouse/Reuters

While financial markets are unsettled amid the Trump administration’s trade policy changes, Goldman Sachs CEO David Solomon says the business community understands President Donald Trump’s tariff plans.

The bank executive said in a March 12 interview with Fox Business host Maria Bartiromo that while there is “some uncertainty” in the U.S. economy, business leaders realize that the president is trying to lower tariffs “everywhere in the world.”