On January 22, Reuters reported that Goldman Sachs CEO David Solomon emphasized the importance of the U.S. and China, the two largest economic superpowers, enhancing their bilateral relations. Solomon made these remarks during an interview with CNBC at the World Economic Forum in Davos, Switzerland, following recent actions by President Donald Trump to impose tariffs on Chinese and European imports.

During Trump's previous term, tariffs were imposed on over $300 billion worth of Chinese imports. Solomon expressed that adjusting certain trade agreements could be beneficial for U.S. growth if done appropriately, stating to CNBC, "The question is, how far? How quickly, how thoughtfully?"

Goldman Sachs, with offices in Beijing, Shanghai, and Shenzhen, has a significant presence in China. In 2021, the investment bank gained approval from China's securities regulator to assume full control of its mainland securities business.

Solomon also anticipated an increase in deal activity by 2025, reinforcing his expectation shared during a Reuters conference last month regarding dealmaking in equities this year.