After tariff fight loss, Trump economic adviser Cohn quits


  • World
  • Wednesday, 07 Mar 2018

FILE PHOTO - Director of the National Economic Council Gary Cohn speaks during an event to introduce the Republican tax reform plan at the U.S. Capitol in Washington, U.S., November 9, 2017. REUTERS/Aaron P. Bernstein

WASHINGTON (Reuters) - Gary Cohn, the top economic adviser to U.S. President Donald Trump and a voice for Wall Street in the White House, said on Tuesday he would resign, a move that came after he lost a fight over Trump's plans for hefty steel and aluminium import tariffs.

The departure of Cohn, director of the National Economic Council, was expected to be finalised in a few weeks and will blow a hole in Trump's already depleted advisory team at a time when the economy is growing but markets are volatile.

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