Cohn-Led Group: Trade Experts

cohn-led group: The Cohn-led group proved more influential in the administration's decisions in April not to label China a currency manipulator and to renegotiate the North American Free Trade Agreement instead of terminating it, according to The Japan Times. More recently, they have pushed for a delay in a decision on the imposition of broad steel tariffs. But after news that Trump had fired Bannon from his post as chief strategist, trade experts said it may take some time for National Economic Council Chairman Gary Cohn, Treasury Secretary Steven Mnuchin and Agriculture Secretary Sonny Perdue to start winning more debates on trade policy. ; Bannon and White House Trade and Manufacturing Office director Peter Navarro were often allied in taking hard-line anti-China stances over currency manipulation, steel tariffs and other trade issues, often opposed to Cohn, Mnuchin and Perdue, according to lobbyists who have been involved in the debates. With Bannon gone, there's not a replacement for that voice in internal debates, said a senior administration official who was not authorized to speak publicly on the issue. In the short term, the trade policy trajectory won't change much, said Derek Scissors, a China trade expert at the American Enterprise Institute, a pro-business conservative think tank in Washington. Without Steve constantly pushing back on every policy idea coming from the so called globalists,' it's easy to see how they could have a chance to start winning more policy battles, the official said. (news.financializer.com). As reported in the news.

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