Donald Trump tells CEO David Solomon to ‘focus on being a DJ’ after Goldman Sachs slams his tariff policy

WASHINGTON DC: President Donald Trump hit back at Goldman Sachs CEO David Solomon after the banking chief criticized his tariff policy again.

The president told Solomon he should spend more time on his side passion of DJing rather than running the Wall Street giant.

The jab came as Trump’s newly implemented tariff hikes began affecting global markets, sparking warnings from business leaders and economists about potential harm to the US economy.

Donald Trump takes aim at David Solomon’s economic stance

Trump lashed out at Solomon in a post on Truth Social, questioning his business priorities.

“I think that David should go out and get himself a new economist or, maybe, he ought to just focus on being a DJ, and not bother running a major financial institution,” Trump wrote Tuesday on his social media platform.

Trump did not specify which Goldman research he was referring to, but in a note published on Sunday, Goldman Sachs analysts, led by chief economist Jan Hatzius, said US consumers had absorbed 22% of tariff costs through June and that figure could rise to 67% if recent tariffs continue on the same trajectory.

Solomon, who has performed as a DJ under the name “D-Sol” for years, reportedly stepped back from his music gigs in late 2023 after Goldman Sachs board members raised concerns.

Beyond music, Solomon has been vocal about his disapproval of Trump’s tariff policy, warning that higher rates would harm the economy and force CEOs to “tighten their belts.”

Trump defends tariff policy amid criticism

Trump’s tariff policy, which took effect last week, increased rates on nations worldwide, ranging from 10% to 50%. The changes quickly stirred market volatility, provoked backlash from foreign governments, and drove some prices higher.

Despite the criticism, Trump insisted the policy had not hurt American consumers.

“It has been proven that even at this late stage, tariffs have not caused inflation or any other problems for America, other than massive amounts of cash pouring into our Treasury’s coffers,” he wrote.

The president also claimed most tariff costs were borne by companies and foreign governments.

“But David Solomon and Goldman Sachs refuse to give credit where credit is due. They made a bad prediction a long time ago on both the market repercussions and the tariffs themselves, and they were wrong, just like they are wrong about so much else,” Trump said.

Internet reacts to Trump’s jab at David Solomon

Social media users had mixed reactions to Trump’s remarks. “Lol, David Solomon will soon visit the White House bearing gifts. Maybe Trump will even get him to swear an oath,” one person commented on X.

Another wrote, “Never heard his mixes before, is he any good at DJing?” while one more added, “This is wild,” followed by a laughing emoji.

“David Solomon is a man of many talents, a leader in the financial world, and perhaps he can also break new ground in the DJ field,” one user posted.

Others supported Trump’s stance, with one writing, “Spot on, tariffs are bringing revenue back to the US. Inflation started way before them. And honestly, focus on finance, not DJ gigs.”

One person wondered, “Will Goldman respond to that?” while another joked, “Feels like only Trump could mix trade policy with a DJ roast in the same breath.”

This article contains remarks made on the Internet by individual people and organizations. MEAWW cannot confirm them independently and does not support claims or opinions being made online