Gary Cohn resigns as Trump’s top economic advisor

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Gary Cohn resigns as Trump’s top economic advisor

White House’s top economic adviser Gary Cohn today resigned over his differences with US President Donald Trump on trade policy. Cohn, who is a Former Goldman Sach executive resigned as the White House National Economic Council director, after differences with the decision of Trump to impose a 25 per cent tariff on import of steel and 10 per cent on Aluminium. Mr Trump’s decision to impose tariffs on steel and aluminium imports was opposed by Cohn and the treasury secretary, Steven Mnuchin.The White House did not give the reason for his resignation. For several weeks Cohn had been discussing with the President that it was nearing time for him to transition out.