---
title: "Trump denies inflation is linked to tariffs, criticizes Goldman Sachs for incorrect predictions"
description: "Former U.S. President Donald Trump criticized Goldman Sachs CEO David Solomon on Tuesday, stating that the bank made \"terrible predictions.\" Trump pointed out that the bank had previously made poor fo"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/252711937.md"
published_at: "2025-08-12T14:44:36.000Z"
---

# Trump denies inflation is linked to tariffs, criticizes Goldman Sachs for incorrect predictions

> Former U.S. President Donald Trump criticized Goldman Sachs CEO David Solomon on Tuesday, stating that the bank made "terrible predictions." Trump pointed out that the bank had previously made poor forecasts regarding the market and tariffs, which turned out to be incorrect. He also emphasized the strength of the U.S. economy under the new tariff framework

Former U.S. President Donald Trump criticized Goldman Sachs (GS.US) CEO David Solomon on Tuesday, stating that the bank made "terrible predictions."

Trump mentioned that the bank previously made poor predictions regarding the market and tariffs, which have proven to be incorrect. He also emphasized the strength of the U.S. economy under the new tariff framework

### Related Stocks

- [GS.US - Goldman Sachs](https://longbridge.com/en/quote/GS.US.md)

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.