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Trump: Tariffs are not causing inflation or other problems for the country

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2025-08-12 14:28:35
TRUMP: Tariffs have brought in trillions of dollars in revenue for our country, which is incredibly good news for our country, our stock market, our overall wealth, and pretty much everything. It turns out that even at this late stage, tariffs have not caused inflation or other problems for the country, and the only effect is a flood of cash pouring into our coffers. Moreover, the data shows that most of the time, tariffs are not borne by consumers, but by corporations and governments, many of which are still paid by foreign governments and corporations. But Goldman Sachs CEO Solomon refuses to admit these facts. They made wrong predictions about the market impact and the tariffs themselves a long time ago, and they turned out to be wrong, just as they were wrong about many other things. I think David should find a new economist or maybe just focus on being a DJ and stop worrying about managing a large Financial Institution Group.
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