- The Washington Times - Friday, February 3, 2017

Gary Cohn, a top economic adviser to President Trump, said Friday that nobody wants to see a “trade war” and predicted good things to come in the area of trade, notably with traditional U.S. partners like Canada and Mexico.

“No one wants to see a trade war,” Mr. Cohn, the director of the National Economic Council, said on Fox Business Network. “We want to see a free and fair trade policy.”

“We are going to follow the letter of the law in renegotiating our trade agreements. We are having very constructive and very open conversations with our major trading partners,” he said.

“I am very optimistic that we are going to end up in a good place on trade, especially with Mexico and Canada,” he said.

Mr. Trump has talked frequently about renegotiating the North American Free Trade Agreement (NAFTA) and said Thursday it has been a “catastrophe” for the United States.

The president mused about adding another “F” to the acronym — for “fair.”

Mr. Trump is also set to meet with a group of the country’s top CEOs later Friday. Uber CEO Travis Kalanick recently announced he was leaving the president’s business advisory council in the wake of Mr. Trump’s recent immigration executive order.

“I’m sorry that Travis is not coming in today,” Mr. Cohn said. “That said, I respect his views. He’s allowed to do what he wants to do.”

“That said, we have a phenomenal group of CEOs coming in today,” he said. “We’ve got a huge variety of industries being represented.”

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