Trump’s top economic advisor, Dr. Stephen Miran. (X/@DavidSimic_)
After the US President imposed tariffs, the economic system of the whole world has been shaken. After Trump's announcement, there was an earthquake in the market around the world. The White House informed that about 50 countries have contacted them to negotiate the tariff. However, Trump on Wednesday gave 90 days of relief in tariffs for many countries except China.
The Council of Economic Advisers has played a big role in Trump's tariff plan, or it can be said that Trump's three economic advisors had outlined the tariffs that shook the entire world's economic system. The Council of Economic Advisers is an agency within the executive office of the President, created by Congress in the Employment Act of 1946. Whose job is to advise the President economically in making domestic and international economic policy.
The Council of Economic Advisers, established by Congress in 1946,is charged with offering the President objective economic advice on policy. Stephen Miran, Pierre Yared, and Kim Ruhl need to be honest with Trump on why tariffs are bad without fear. Are they doing that? Are they?
— Forward Party Of Kansas (@forward_kansas) April 3, 2025
Who are those three people?
Stephen Miran, chairman of the Economic Advisory Council, and Pierre Yared and Kim Ruhl serve as members. These officers analyse the economic situation and send their recommendations to the President. Trump has "full confidence" in all three men and stands by their advice despite opposition from inside and outside the country.
The risk of Trump's tariff policy regression has increased. Experts believe that it will cause damage in other countries as well as in America. While Trump's officials are downplaying the risk of a recession, Trump Commerce Secretary Howard Lutnick said in an interview with CBS on Sunday that the tariff strategy President Trump announced last week will remain in place.
Copyright © 2025 Top Indian News
