White House chief economic adviser Gary Cohn resigns after losing tariff battle

Posted on: March 6th, 2018 by ABC News No Comments

Drew Angerer/Getty Images(WASHINGTON) — President Donald Trump’s chief economic adviser, Gary Cohn, has resigned after losing a high-profile battle over tariffs the president wants to impose on steel and aluminum imports.

“Gary has been my chief economic advisor and did a superb job in driving our agenda, helping to deliver historic tax cuts and reforms and unleashing the American economy once again, President Trump said in a statement. “He is a rare talent, and I thank him for his dedicated service to the American people.”

In his own statement, Cohn said: “It has been an honor to serve my country and enact pro-growth economic policies to benefit the American people, in particular the passage of historic tax reform. I am grateful to the President for giving me this opportunity and wish him and the Administration great success in the future.”

This is a breaking news story. Please check back for updates.

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