Trump's top economic adviser resigns


On a weekly basis, the pair is up by 0.8%, recovering from the losses induced by the "inconclusive" Italian elections, with the focus turning to the ECB meeting which concludes tomorrow.

The safe-haven Japanese yen strengthened against the US dollar on Wednesday. Lopez did not face a primary opponent.

White House officials said the tariffs dispute contributed to Cohn's decision to leave but that it was not the sole reason.

U.S. Rep. John Ratcliffe easily bested Republican challenger John Cooper in Tuesday's primary. Cohen has denied there was ever an affair.

The move is likely to embolden the economic nationalist wing of the Trump administration, which has successfully moved Trump to take aggressive steps on trade in recent weeks. "He was a steadying hand", said Steve Moore, who was an economic adviser to Trump during the 2016 campaign.

White House reporters today noticed Cohn's absence from the president's news conference with the prime minister of Sweden, a news conference that was heavily focused on the impending tariffs.

Cohn was once in consideration to be the next Federal Reserve chairman, but Trump's anger at Cohn over his rebuke last summer took him out of consideration, CNN reported then. Ted Cruz and other statewide officeholders who've fervently stood by Trump. It is no less dangerous now that it is employed by Donald Trump, who over the years has shown himself to be endlessly changeable, impulsive, and generous in his estimation of his own power. There is no tariff that can un-ring that bell. The decline in the greenback was fueled by the resignation of Gary Cohn; he served as President Trump's top economic advisor.

The 57-year-old former president of the Goldman Sachs bank had helped Mr Trump push through his sweeping tax reforms late last year.

"I hope that our political environment changes". It makes Mr Cohn look good.

This is not the first time that world is facing a trade war.

Mr Cohn didn't answer, the people said. But the "why" doesn't really matter. Imports totaled 29.6 million metric tons in 2017, according the U.S. International Trade Administration, about 30 percent of steel used for all purposes. Even Attorney General Ken Paxton, who has been indicted on felony securities fraud charges, clinched his party's nomination unopposed. Her analysis shows the Trump departure rate has reached 40 percent in just over a year.

"He has guts. He's not afraid". "Absolutely. There's an openness now", Perdue said.

Against the Swiss franc, the dollar also shed 0.4 percent to 0.9371 franc, while the euro edged up 0.15 percent to $1.2423. But none of those open seats are expected to flip.

In energy markets, oil traders will keep their eyes on the weekly EIA crude inventory data at 1530 GMT. He may truly have believed that reforming or strengthening gun laws was the right thing to do. until he didn't. All this could mark sharp new direction in White House policy.

Sen. Pat Toomey, R-Pa., who is trying to persuade the administration to target the steel and aluminum tariffs as narrowly as possible, acknowledged his side of the argument was increasingly outnumbered in the administration.

"This would be damaging to trans-Atlantic relations, but potentially also to a global rule-based trading system", she said.

Richard Cordray - the Consumer Financial Protection Bureau's first director resigned in November.

And yet, retaliation is even dumber.

A much-watched Republican primary race featured George P. Bush.

An announcement following an investigation by the U.S. Trade Representative's office into China's IP practices is expected in the coming weeks, potentially handing President Donald Trump further cause to impose trade restrictions.