President Trump took issue with the Goldman Sachs research team, which initially forecast that stocks would decline this year and the US economy would enter a recession in the wake of Trump's April tariff announcements.

President Donald Trump called for Goldman Sachs CEO David Solomon to replace its chief economist after a prediction that consumers would pay the brunt of the cost for tariffs.

President Donald Trump said that Goldman Sachs boss David Solomon should "just focus on being a DJ" if he does not get a new economist.