National Post (National Edition)

Trump adviser resigns amid trade dispute,

- JUSTIN SINK, DAKIN CAMPBELL AND SHANNON PETTYPIECE

WASHINGTON •Gary Cohn is resigning as President Donald Trump’s top economic adviser, leaving his post as the administra­tion prepares to impose steep tariffs on steel and aluminum that Cohn has opposed.

“It has been an honour to serve my country and enact pro-growth economic policies to benefit the American people, in particular the passage of historic tax reform,” Cohn said in a statement released by the White House to reporters. “I am grateful to the president for giving me this opportunit­y and wish him and the administra­tion great success in the future.”

The president’s announceme­nt on Thursday that he would press forward with a 25-per-cent tariff on steel imports and 10 per cent on aluminum left markets reeling and served as a public rebuke of Cohn, the director of the National Economic Council, who had furiously lobbied against the penalties.

One person with knowledge of the chaotic West Wing decision-making process said Cohn and Commerce Secretary Wilbur Ross, who had recommende­d the tariffs to the president, privately argued over the issue just hours before it was announced.

The tariffs appeared to mark the tipping point for Cohn, 57, a Democrat who made clear that he saw his job in the administra­tion to be an advocate for businessfr­iendly economic principles. He helped Trump steer tax cuts into law last year but proved unpersuasi­ve on trade, where he was a stark counterpoi­nt to nationalis­ts and economic populists.

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