President Donald Trump likely will not announce new tariffs Thursday as top trade advisors disagree about possible steps the administration could take, a White House official told CNBC…

The decision over tariffs has pit globalist elements of the White House, like chief economic advisor Gary Cohn, against more protectionist voices, like trade advisor Peter Navarro. The move not to announce trade actions Thursday reflects an ongoing disagreement between the Cohn wing and trade hawks like Navarro, Commerce Secretary Wilbur Ross and U.S. Trade Representative Robert Lighthizer.