Outgoing Economic Adviser Is 'A Globalist, But I Still Like Him'

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"He's seriously a globalist, there's no question", Trump continued.

There have been mixed messages on when Trump will sign an order on the tariffs, with Trump suggesting it could happen later Thursday.

President Trump's departing economic adviser "may be a globalist", but the commander-in-chief doesn't hold it against him.

"I believe that we must do more to keep jobs here in the United States", Lujan said.

China threatened an "appropriate and necessary response" in any trade war with the US.

"We're comfortable that we're going to manage through this so that it is not detrimental to our growth projections", he told Fox Business. "I want to see the photo of President Trump crying with, I don't know, whoever's left". The influential bank has produced Treasury secretaries, White House chiefs of staff and top economic advisers in Republican and Democratic administrations. So initially, what was meant to be an hour-long meeting ended after about forty-five minutes, and Chung Eui-yong and Suh Hoon headed to the Oval Office to meet with President Trump at 4:15.

Democrats, though, said Trump's tariffs create additional uncertainty.

"Tariffs can be an appropriate punitive tool when people are cheating the system, however, I'm not sure the administration has thought this through", he said. By contrast, the tariff decision is a leadership fiasco that has cost Trump a key ally in Gary Cohn. As a presidential candidate, Trump had campaigned against NAFTA as a job-killing disaster that he said encouraged American companies to move factories to Mexico to exploit cheap labor.

"This is Gary Cohn's last meeting in the Cabinet".

Trump began by previewing what he has in mind regarding his proposed tariffs on foreign steel and aluminum.

White House officials said the tariffs dispute contributed to Cohn's decision to leave but that it was not the sole reason.

News that the president would accept a meeting never taken by a sitting USA president came from an unlikely source Thursday evening: a last-minute press statement by a South Korean official standing in the dark on the White House driveway. Trump has clashed with him over a variety of issues, including Iran and Afghanistan. On Feb. 16, the sector surged after Trump said he was planning a 25% tariff on steel imports from all countries and a 10% tariff on aluminum imports.

Trump has hinted that he has accepted Navarro's position, since he can use the steel tariffs as a negotiating ploy to gain concessions from Canada and Mexico - two of the four largest steel exporters to the USA - on the renegotiation of the North America Free Trade Agreement.

Europe and China lashed out against the president's tariff plan.