Free trader Gary Cohn says Trump's end goal for China is "correct"

"The President has some fundamentally correct issues on tariffs. What the Chinese have done to us for the last two decades is just wrong ... If we're not getting paid specifically by the Chinese for what we have invented and the Chinese are just stealing it and knocking it off, the global economy and globalization doesn't work. I agree with that. The President agrees with that ... The President is trying what many in this room—and even myself—might consider a very unpredictable path of negotiation to try and get the Chinese to pay for the intellectual property and technology they have been using from us."