Why Gary Cohn Warned Against a Trade War

The transcript discusses post-career advice for someone who has had a high-profile career, suggesting philanthropy as a path forward. It then shifts to concerns about trade wars, highlighting the potential negative economic impacts and the inefficacy of tit-for-tat tariffs. Finally, it examines the impact of tax reform, noting that the expected benefits may be less significant due to existing tax havens and the actual tax rates before reform.

What does the speaker suggest as a potential path for someone after significant career achievements?

• Start a new business

• Explore philanthropy

• Write a memoir

• Travel the world

What is the speaker's view on the trade war?

• It will create more jobs

• It will strengthen alliances

• It is beneficial for the economy

• It is a waste of time

According to the speaker, what could be a consequence of trade disputes?

• Wiping out economic benefits of tax cuts

• Strengthening of the economy

• Increase in manufacturing jobs

• Improvement in international relations

What is one reason analysts believe the tax reform hasn't had a huge impact?

• Decrease in consumer spending

• Rise in unemployment

• Focus on stock buybacks

• Increased government spending

What does the speaker say about the actual tax rate before the reform?

• It was 25%

• It was 35%

• It was 17 to 18%

• It was 30%