Trump Advisor Reveals Tariff Strategy
The top economic advisor to President Donald Trump has revealed that Washington is using tariffs as leverage to try to force countries to pay the United States to help it maintain its global empire.
The chair of the US Council of Economic Advisers, Stephen Miran, delivered a speech on April 7 in which he outlined the Trump administration’s tariff strategy. An official transcript of his remarks was published by the White House.
Miran claimed that the United States provides two main “global public goods”: one, a “security umbrella” overseen by the US military; and two, the dollar and Treasury securities, which are used as the main reserve asset in the international financial system.