Solomon Says Economy Softening With Tariff Chaos Hitting Growth

David Solomon joined his banking peers in warning about a slowdown in the US economy as President Donald Trump’s trade war impacts growth prospects.

“There’s no question we’ve seen some job data that indicates that there has been some softening,” the Goldman Sachs Group Inc. chief executive officer said in an interview Wednesday with CNBC. “I think you have to watch that very, very closely.”

David Solomon

Photographer: Ting Shen/Bloomberg

Even as US wholesale inflation unexpectedly declined in August, Solomon said that he sees signs of persistently high prices.

“Trade policy is still getting negotiated and still getting implemented,” he said. “There’s uncertainty where ...