3/7/2018 - SALT LAKE CITY, Utah(News4Utah) President Trump is now losing his top economic adviser. The White House Announced Gary Cohn is stepping down after a fierce disagreement with the President over his proposed tariffs on aluminum and steel imports. Cohn expressed concerns the move could lead to a trade war and backfire on the U.S. economy. Our national security expert Ryan Vogel, joined Brian Carlson, to talk about the reality of Cohn's concern.
Last week, President Trump invoked Section 232 of the Trade Expansion Act of 1962, which grants the United States the ability to impose trade restrictions in the name of national security. This position prompted many questions including:
- What does the Administration argue is at risk and require these specific tariffs?
- What specific goals does the Administration have in mind for this action?
- Who does this hurt?
- Does the tariff present or make new national security challenges?
- Will other countries similarly use national security as an excuse to enact their own tariffs?
- What are the national security implications of a protracted "trade war"?
- What effect does Gary Cohn resigning have on this issue? Dissent from Republicans in Congress?
For more information on national security issues or about Professor Ryan Vogel, visit UVU.edu/NSS.
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