Amid escalating trade tensions and tariff negotiations led by United States President Donald Trump, several countries have sought advice from Wall Street investment banks. According to reports, officials from France, Saudi Arabia, South Africa, and Japan consulted Goldman Sachs on strategies to navigate the ongoing economic challenges.

Goldman Sachs reportedly advised South Africa to amend its controversial land-seizure law, which the Trump administration had previously denounced as "racist." However, a spokesperson for South African President Cyril Ramaphosa stated that such advice "would not have found favor with the government."

Japan, on the other hand, appeared hesitant to implement tax policy changes to appease the U.S. administration. Despite the pressures, Japan maintained its position while negotiations continued.

Following the 90-day tariff pause, the United States has been actively engaging several nations in discussions over new trade agreements. President Trump noted last week that a trade deal with Japan was "very close," signaling progress amid broader global trade talks.

The consultations underscore the global ripple effects of Trump's trade policies and highlight the strategic maneuvers countries are considering to mitigate economic disruptions.