When asked who he would support in the 2020 election, Cohn said: 'I'm leaving the door open. But at this point, I don't have any intention not to vote for the president.'
's tariffs hurt the U.S. economy and undermined the stimulative impact of the administration's massive tax cut passed in 2017., said Trump's steel and aluminum tariffs "collided" with his tax policy by undermining a provision that allowed companies to write off their capital expenditures.
"So all of the sudden, the advantages that we were trying to give companies to help stimulate the economy, to build facilities, to go out and hire people, to drive wages, we took away that advantage by taxing the input that they needed to build," Cohn told CBS. "The U.S. economy is strong and continues to be very strong," Cohn said. "The U.S. consumer is very strong. If you look at what's happened in the last couple of years with tax reform, we have put more disposable income in the hands of the U.S. consumer, and the U.S. consumer is out spending it."
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Column: RIP Gary Starkweather, whose laser printer made Xerox billions and changed your livesGary Starkweather, the low-key engineer behind 'arguably the greatest invention' at Xerox, died Dec. 26. He was 81.
Read more »
California lawmakers say pot taxes must be cut to help an industry 'on the brink'California lawmakers on Friday revived a proposal to temporarily cut taxes on marijuana to help the state’s beleaguered legal market.
Read more »
US allies response to Trump Iran attack shows him alone on world stage - Business InsiderEuropean leaders are talking openly about loosening Europe's alliance with the United States as President Donald Trump alienates long-standing allies.
Read more »
Maduro says he’s still in control of Venezuela, ready for direct talks with the United StatesIn an exclusive, extensive interview with The Washington Post, the embattled leader appeared confident, defiant and unwilling to negotiate his exit.
Read more »
U.S. to screen passengers for new China coronavirus at 3 airportsThe United States will begin screening efforts at three U.S. airports to detect ...
Read more »