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6/11/2019, 8:02 PM (Source: TeleTrader)
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Goldman CEO: Trump tariffs to impact markets

Goldman Sachs CEO David Solomon told CNBC on Tuesday that United States President Donald Trump's tariffs on foreign imports could affect stock markets.

"The issue is that the president is using tariffs as a broader agenda," Solomon stated. "The way the president uses tariffs will have an effect on market sentiment," he added.

Earlier, Trump praised the introduction of tariffs against China and threats to hit Mexico with duties as a "great negotiating tool" and claimed the measures will also bring companies back to the US. He also warned the US could impose more tariffs on China unless its President Xi Jinping meets him at the G20 summit in Osaka.

Breaking the News / NP