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Posts Tagged ‘Cohn’

Inside Trump’s Trade War: How Tariff Backers Beat Free Traders

Posted by hkarner - 11. März 2018

What a thriller! (hfk)

Date: 10-03-2018
Source: The Wall Street Journal

From the administration’s early days, free-trade-advocate Gary Cohn battled tariff proponent Peter Navarro—while the president waited

WASHINGTON—From his earliest days in office, President Donald Trump instigated a pitched battle over trade that became so bitter the antagonists would hurl insults at each other. On one side was Gary Cohn, the top White House economic adviser and foremost free-trade proponent, and on the other, Peter Navarro, a former University of California, Irvine, professor and an advocate of aluminum and steel tariffs.

Peter Navarro

During their showdowns, Mr. Cohn at times accused Mr. Navarro of lying to the president about the effect of his proposals and often laced his accusations with a colorful round of expletives, said White House officials who witnessed their debates.

Mr. Navarro, who rarely swears, would often offer an understated response. “Now, now Gary,” he would tell Mr. Cohn after an interruption, these people said. “You’ve had your piece.”

At a meeting in the White House last week with a small group of steel and aluminum executives, Mr. Trump brought the debate to an abrupt end. “We’re going to be instituting tariffs,” he said to a mostly startled audience of executives and senior aides. “Perhaps some of you folks will be here” for the announcement, he added. Den Rest des Beitrags lesen »

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