Top White House economic adviser Gary Cohn announced his resignation on Tuesday, after reportedly failing to sway President Donald Trump in the ongoing dispute over steel and aluminum tariffs. “It has been an honor to serve my country and enact pro-growth economic policies to benefit the American people, in particular the passage of historic tax reform. I am grateful to the President for giving me this opportunity and wish him and the Administration great success in the future,” Cohn said in a statement issued by the White House. Cohn is credited with spearheading the controversial US tax reform in 2017. Before joining the Trump administration, he headed the investment bank Goldman Sachs and worked at other top positions on Wall Street. According to US media, Cohn was staunchly opposed to Trump’s idea to impose steep tariffs on imported steel and aluminium. He argued that other countries would retaliate and punish US business outside the metal trade. However, his campaign failed to move Trump on the issue. The tariffs are set to come into force in the coming days. Read more: Senior Republicans urge Trump to back down on tariffs Trump thanked Cohn after his departure, describing him as a “rare talent” who did… Read full this story
- BREAKING NEWS: Rick Perry QUITS as Energy Secretary 24 hours after revealing Donald Trump told him to talk to Rudy Giuliani about 'corruption' in Ukraine
- Will Rick Perry be the next to turn on Donald Trump? Energy Secretary faces impeachment probe subpoena deadline 24 hours after he announced resignation - and could be called to testify too
- EXCLUSIVE: Defense secretary Jim Mattis said he would rather 'swallow acid' than let Donald Trump throw bizarre $50M 'Victory Day parade' and said president's summit with Putin was 'like sex in the 90s'
- Donald Trump supporters brand Democrat impeachment bid a ‘danger to the US’
- Donald Trump claims the Kurds want 'the ultimate solution' despite warnings of Turkey planning ethnic cleansing as he says White-House brokered ceasefire is 'a pause or whatever you want to call it'
- White House’s internal effort to push out acting Chief of Staff Mick Mulvaney put on hold as Democrats pursue impeachment inquiry into Donald Trump
- Donald Trump rips Mitt Romney, Republicans amid impeachment probe
- What Jim Mattis Really Thought of Donald Trump
- How Robots Caused Brexit and the Rise of Donald Trump
- Former world leaders warn US-China trade dispute could lead to new cold war
- Trump fact check: 87 false claims in a week, 40 in one day
- Trump's race meltdown as he says 'both sides' of the 'Unite the Right' clash had 'fine people' and violence also came from the 'alt-left' - then attacks removing Gen Lee statues, asking: 'Is George Washington next?'
Donald Trump economic aide Gary Cohn quits amid tariffs dispute have 442 words, post on www.dw.com at January 6, 2018. This is cached page on CHUTEU. If you want remove this page, please contact us.