He talked about how tariffs risked roiling the markets and jeopardizing a lot of the stock market gains. He said the tariffs would be, in effect, a tax on American consumers. Tariffs would take away a lot of the good that Trump had done through tax and regulatory reform. You’re the globalist, Trump said. I don’t even care what you think anymore, Gary. Trump shooed him away. Cohn retreated to a couch.
-Bob Woodward
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