Monday, 19 March, 2018

Gary Cohn's A 'Globalist,' But I Still Like Him

Gary Cohn director of the National Economic Council said late Tuesday he would resign after he lost a fight over tariffs Trump to visit California next week, San Diego stop expected
Deanna Wagner | 14 March, 2018, 00:51

During his stay at the White House, Cohn led coordination of Trump's pro-growth domestic and global economic policy agenda, including the passage of historic tax cuts and reforms in December 2017.

The departure of Gary Cohn as U.S. President Donald Trump's senior economic adviser has Wall Street pondering who would want to leave a well-paying job in the private sector to work in a White House marked by tension, turnover and legal troubles.

He also poked fun at Cohn's feelings on free trade, which differ greatly from his own.

Last week Gary Cohn resigned from that role after Mr Trump's announcement of tariffs on steel and aluminium imports. "He's been terrific. He may be a globalist, but I still like him".

"You know there's always somebody in the KKK that will be ready to show up and let him cry on their shoulder", he said. "He loves our country". That reportedly triggered Cohn's departure from the administration.

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In the past, the term "globalist" was used by "alt-right" activists to attack Trump's son-in-law Jared Kushner, who is also Jewish.

Former Carter Holt Harvey chief executive Chris Liddell is being considered by the president for the role of director of the National Economic Council, according to a report in the New York Times which has been picked up by other media.

In the daily soap opera that is the Trump White House, few episodes have ever merited serious viewing. "He's not quite as strong on those tariffs".

Cohn announced his resignation on Tuesday, after an unsuccessful bid to prevent the President's promised tariffs on foreign metals.

Levitt said that if Democrats are able to win a majority in at least one branch of Congress, it could reduce uncertainty by checking Trump's attempts to implement protectionist policies.