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CEA's Miran Says Tariffs Won't Have Lasting Impact on US Inflation

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May 20, 2025

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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 said on "Bloomberg Surveillance."

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CEA's Miran Says Tariffs Won't Have Lasting Impact on US Inflation · Bloomberg Television · Sentinel