The CEOs of Blackstone and Goldman Sachs see the advantages of Donald Trumps policies

Unlock the White House Watch watch newsletter for free

Your guide on what the US elections of 2024 mean for Washington and Le Monde

Two of the most eminent Wall Streets streets said that there were advantages of Donald Trumps policies, even if the American president advanced protectionist measures, including import rates that fueled fears of a slowdown in the largest economy in the world.

Stephen Schwarzman, Chief Executive Officer of Blackstone, told journalists in India on Wednesday that prices would lead, at the end of the day, a significant increase in manufacturing activity in the United States.

Given the size of the United States, it tends to be a good thing for the world, said Schwarzman, an eminent Trump donor.

If we push faster, we can consume more things. So you know, it's a scenario … There are other scenarios, because it's far too early to play this.

Meanwhile, David Solomon, Managing Director of Goldman Sachs, said that the business world included what the president is trying to do with the prices, although he pleaded for more certainty on the agenda of Trump administrations policy.

On Wednesday, the 25% prices on steel and aluminum imports entered into force, triggering EU countermeasures, which, according to the block, would affect up to 26 billion American products. Canada has also announced 25% reprisal rates out of approximately $ 30 billion in American manufacturing goods.

The business world will always want lower prices around the world, said Solomon.

But he welcomed the wider agenda and his opening to deal with executives, telling Fox News that he loved the way the president is engaged with the business community. This is a different experience from what we have had in the past four years, said Salomon.

CEOs are enthusiastic by some of the rear winds, such as transition to lower regulations, he said, adding that administrative formalities had been an important wind for growth and investment.

Solomon said he expected the number of initial public offers, which had been stifled in the past two years, increased in 2025.

The head of Goldman was part of a group of business leaders who met Trump during an event held Tuesday evening by the Business Round Table, an association of 200 CEO of large American companies.

Many participants have seen the market capitalization of their companies collapse in recent days in the midst of recession fears and an extended trade war.

Trump told the rally that prices would stimulate national jobs and industrial production in the United States. The biggest victory is so [businesses] Libning in our country and producing jobs, he said. It is a greater victory than the prices themselves.

Recommended

In addition to reanalyzing American manufacturing, prevails over aggressive trade movements is designed to reduce the trade deficit of countries and force Mexico and Canada to stem the flow of irregular migrants and fentanyl through the borders of the south and northern Americas.

But the deepening of frictions between the United States and some of its closest allies causes tremors throughout the business community.

In addition to reprisal prices by the EU and Canada, he is worrying about the possibility that Trump follows his threat to impose so -called reciprocal prices on all business partners from April 2, to punish them for taxes, samples, regulations and subsidies that Washington considers unfair.

Additional reports by Antoine Gara and Oliver Barnes in New York

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos