Sunday, 16 December, 2018

Trump says "very good chance" for Kudlow to be next economic adviser

Navarro China is flooding world with ‘lethal’ products Navarro China is flooding world with ‘lethal’ productsANDREW HARNIK
Shannon Reynolds | 14 March, 2018, 19:05

WASHINGTON-President Donald Trump said Tuesday that he is considering Larry Kudlow to replace Gary Cohn as director of the National Economic Council.

The New York Times reported Saturday that Christopher Liddell, a former Microsoft and General Motors executive now working in the White House, is the frontrunner.

Cohn quit the White House last week after Trump refused to heed his advice against imposing a steel tariff.

Mr. Trump spoke with Mr. Kudlow on Sunday and again on Monday, according to two of the people close to the president.

Kudlow would also be a controversial choice as he is a recovering alcoholic who once had a $100,000 per month cocaine habit. Cohn strongly opposed the president's plan to slap tariffs on the steel and aluminum imports and worked to provide exemptions to USA allies such as Canada and Mexico.

"I think he'd be the ideal person for the job", he said.

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"We agree on most".

In his comments Tuesday, Trump said that Kudlow's free-trade stance is not necessarily a barrier to him getting the job. "I have to tell you, personally, I am urging Gary Cohn to stay and fight for another day".

During his sendoff to Cohn, Trump mentioned the dispute over tariffs, saying Cohn "is not quite as strong on those tariffs as we want".

Cohn, who is also Jewish, is a former Goldman Sachs executive who joined the White House after departing the Wall Street firm with a $285 million payout.

A senior White House official said the president wanted to reshuffle his team with a view to launching talks with North Korea, following last week's spectacular announcement of a meeting between Trump and Kim Jong Un.

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