Former Trump Advisor Bashes Trump
Gary Cohn, former economic adviser to President Donald J. Trump and now a vice chairman at IBM, raised concerns Sunday about the short-term impact of the President’s bold new tariff plan. Appearing on CBS’s Face the Nation, Cohn warned that tariffs could cause temporary price increases, particularly for lower-income Americans who spend a large share of their income on everyday goods.
President Trump, meanwhile, had just announced a major win for hardworking Americans: those making under $200,000 annually may soon see their income taxes “substantially reduced” or even eliminated altogether. This powerful tax relief plan is designed to shield working families from any short-term adjustments while building a stronger, independent U.S. economy.
Cohn explained that tariffs can feel “regressive” because families living paycheck to paycheck spend nearly 100% of their earnings on goods, many of which could experience modest price bumps. Wealthier individuals, he noted, typically save more of their income and would feel less immediate pressure.
However, Cohn also admitted the real impact won’t be felt overnight. Thanks to an eight-week supply chain lag, any price changes likely won’t reach consumers until late May, following President Trump’s historic April 2nd “Liberation Day” proclamation — a date now celebrated by many as a symbol of America’s renewed economic freedom.
Despite Cohn’s cautious tone, millions of Americans see the bigger picture. President Trump’s America First strategy is about more than temporary discomfort — it’s about reclaiming our manufacturing might, protecting American jobs, and ending our dangerous reliance on China once and for all.
The coming weeks will reveal what conservatives have long understood: when you stand up for American workers, you stand up for the future of this great nation.
