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Goldman Sachs CEO says Trump tariffs are part of a plan to 'level the playing field'
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Goldman Sachs CEO says Trump tariffs are part of a plan to 'level the playing field'
Mar 3, 2025 5:03 PM

SYDNEY, March 4 (Reuters) - U.S. President Donald

Trump's decision to impose tariffs is part of a plan to "level

the playing field" that he views as unfair, but the end result

remains uncertain, Goldman Sachs ( GS ) chair and CEO David Solomon

told a conference in Australia.

"The president firmly believes that there are imbalances

with respect to how trade exists, and he has a strong point of

view that he wants to level the playing field aggressively,"

Solomon told the Australian Financial Review Business Summit in

Sydney.

"He's executing on that view," he added, noting that "how

things stay in place, how far it goes ... is some of the

uncertainty that I'm talking about."

(Reporting by Byron Kaye and Christine Chen; Editing by

Muralikumar Anantharaman)

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