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Exclusive | Goldman Sachs Offers Advice on Tariffs to Countries Scrambling to Please Trump - WSJ

1. Goldman advised South Africa on managing trade relations with the U.S. 2. Recommendations included changing laws on Black ownership and land seizure. 3. Other nations consulted Goldman on navigating Trump's trade policies. 4. Tariffs imposed by the U.S. could worsen South Africa's economic climate. 5. Goldman is seen as a key player in global trade negotiations.

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FAQ

Why Neutral?

While Goldman Sachs provided significant consulting, it doesn't directly affect GS's financials. Historical instances, such as the 2018 trade war, highlight fluctuations due to external policy changes.

How important is it?

Goldman Sachs’ advisory role indicates its influence on trade relations, which could sway investor sentiment. Trade's immediate effect on stocks warrants attention for potential market shifts.

Why Short Term?

Immediate reactions to tariff announcements can influence short-term stock prices. However, long-term impacts will depend on the resolution of trade negotiations.

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