Also notable is a report by Axios from last week, according to which “Cohn and (Treasury Secretary) Mnuchin are now appealing to Trump’s obsession with the record-breaking run of the stock market under his presidency, according to four sources with direct knowledge.” Cohn and Mnuchin have argued that an attack on trade would hurt stocks and the middle class, undoing the tax cut. However, “though Cohn and Mnuchin don’t like tariffs, they’re comparatively comfortable with targeted actions against truly bad actors, as in this case.”
https://www.zerohedge.com/news/2018-01-11/these-are-people-going-trump-davos