Trumpland

Gary Cohn Resigning as Trump’s Chief Economic Adviser

ANOTHER GONER

The free-trade advocate had been at odds with Trump over proposed tariff hikes.

Cohn_juet9z
Aaron Bernstein/Reuters

Gary Cohn is set to resign as President Trump’s chief economic adviser, White House officials told The New York Times on Tuesday. As a free-trade advocate, Cohn had notably been at odds with Trump in recent weeks over the president’s planned tariff hikes on steel and aluminum imports. His departure, the Times suggested in its report, likely means Trump will pursue more nationalist and protectionist economic policies, as opposed to the free-market policies normally pushed by Republican administrations. “Gary has been my chief economic adviser and did a superb job in driving our agenda, helping to deliver historic tax cuts and reforms and unleashing the American economy once again,” Trump said in a statement to the Times. In a separate statement, Cohn confirmed his departure, writing: “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.”

Read it at The New York Times