Stephen Miran Talks Tariffs, Inflation
The White House's chief economist, Stephen Miran, believes that tariff increases will not have a lasting impact on US inflation, citing the limited effect of imports on the economy. “Imports are only 14% of the economy — the ability of those types of things to move the needle on inflation are limited." He spoke to Bloomberg's Jonathan Ferro, Lisa Abramowicz, and Annmarie HordernSee omnystudio.com/listener for privacy information.