"David Solomon and Goldman Sachs refuse to give credit where credit is due," Trump wrote. "They made a bad prediction a long time ago on both the Market repercussion and the Tariffs themselves, and they were wrong, just like they are wrong about so much else."

U.S. President Donald Trump said on Tuesday consumers are not paying the costs of tariffs, countering a recent Goldman Sachs' research division estimate that they had absorbed 22% of the costs through June.