Trump’s cracking down on China — a commitment he made on the campaign trail — will come in the same month that his senior economic adviser Gary Cohn, an opponent of Trump’s economic nationalist agenda, resigned from the White House.
Report: Free-Traders Gary Cohn, Steve Mnuchin Trying to Weaken Trump’s Expected Tariffs on Chinahttps://t.co/v2PfsmrBvs — John Binder ???? (@JxhnBinder) February 27, 2018
As Breitbart News reported, Gary Cohn, Treasury Secretary Steve Mnuchin, Kevin Hassett, and Everett Eissenstat pushed Trump to water down his actions against China’s helping to ruthlessly globalize the American economy.
Most recently, Trump followed through on his economic nationalist agenda by imposing a 25 percent tariff on imported steel and a 10 percent tariff on imported aluminum, both designed to protect American workers.
Since China entered the World Trade Organization (WTO) in 2001, there have been 3.2 million American jobs lost with 2.4 million of those jobs coming from the U.S. manufacturing sector.
#BREAKING: Trump administration looking to impose tariffs on $60 billion of Chinese goods; tariffs would target tech products and telecoms but would not be limited to those – Reuters, citing sources
— Breaking911 (@Breaking911) March 13, 2018