Bloomberg Talks
US Council of Economic Advisers Chairman Stephen Miran Talks Tariff Negotiations
Apr 8, 2025
Stephen Miran, Chairman of the White House Council of Economic Advisers, discusses President Trump's tariff policies and their potential impact on negotiations. He explains how tariffs could serve as leverage for the U.S. if countries offer the right concessions. The conversation delves into the complexities of global economic responsibilities, emphasizing the need for burden sharing among nations. Miran also addresses the uncertainty businesses face amid changing economic policies and highlights how strategic investments can ultimately drive growth.
09:48
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- President Trump's tariff negotiations demonstrate the balance between leveraging economic strategies and navigating complex trade relationships with various nations.
- The future of American competitiveness hinges on the combined effects of tariffs, tax reform, and deregulation to stimulate economic growth.
Deep dives
Negotiation Dynamics and Tariff Impacts
Negotiation plays a crucial role in the current trade landscape, particularly with respect to tariffs. The discourse highlights that President Trump is known for his negotiation prowess, exemplified by the successful phase one deal with China in 2019, which encompassed various economic aspects. However, recent negotiations with countries like Vietnam and the EU have not resulted in favorable outcomes, as they proposed tariff reductions that were subsequently rejected. This underscores the complexity of trade relations, where merely focusing on tariff rates overlooks significant non-tariff barriers that also impact trade balance.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
