Trump: Tariffs Did Not Cause Inflation, Instead Brought Trillions in Revenue to the U.S.
According to reports from Hash Chain News, Trump stated that tariffs have brought enormous revenue to the United States and are excellent news for the country, the stock market, and overall wealth. Even in the late stages, tariffs have not triggered inflation or caused other issues; the main impact has been a significant influx of cash into the treasury. Data shows that in most cases, tariffs are borne by companies and the government, and consumers have not become the primary burden; often, it is foreign governments and enterprises that pay. However, Goldman Sachs CEO Solomon does not accept these facts; they previously made incorrect predictions about market impacts and tariffs, which proved to be wrong, just as they have repeatedly erred in other matters. Trump suggested that Goldman Sachs should look for new economists or focus on being DJs rather than managing large financial institutions.