Top White House Economical Advisors compare the chances of president on Tuesday to Donald Trump‘ tariff Will cause higher price For the people who are eye-catching on the earth.
“There are very few incidents happening,” said Stephen Miran, chairman of the Trump Economic Advisory Council.Squawk Box. ”
However, Milan said: “So far, there is no evidence that it has happened.”
Anchor Melissa Lee noted that Miran equates tariff prices to very rare cases.
“I’m not going to be dismissive,” he replied. “What I said is that prediction is difficult and we should always speak about odds and possibilities.”
“I don’t have a crystal ball to tell me about the future, nor do others,” he said.
Milan also promoted New report Despite his fears that Trump’s tariffs would raise prices, the fact that his White House council lowered prices from December to May last year.
Trump did not announce his “reciprocity” tariff agenda until April. He has twice extended the deadline he set to enable countries to reach bilateral trade deals and avoid these maximum interest rates.
and some prices Personal goods Trump’s policies have not yet promoted overall inflation concerns for businesses and consumers, so Trump’s policies have improved.
Many economists say they still hope to see prices rise in the coming months. They pointed out multiple reason These higher prices have not yet appeared.
One fact is that Trump has repeatedly delayed the implementation of his worst “liberation day” tariffs.
The second is the delay between tariffs and actual price impacts, while the third factor is inventory conducted by many companies earlier this year.
Milan was asked on CNBC if the White House expects future tariffs to raise prices.
“‘I won’t come in the end?’ Miran said: “I mean, I mean, eventually, the shooting stars will strike or whatever. But we have been waiting for many months and this evidence has not yet appeared. ”
The White House report analyzed two inflation scales: the personal consumption expenditure index or PCE, followed by financial markets, and the widely tracked consumer price index or CPI.
“The results clearly show that starting from March, the prices of imported components have fallen, while the total price is close to unchanged or slightly higher,” the report concluded.
