Behind Trump’s tariff shock: who is Stephen Mirn
On 2 April 2025, US President Donald Trump’s decision has surprised governments and markets worldwide to implement “mutual” tariffs on major trading partners. While some see it as a direct economic attack, Trump calls it a way of imbalance that he sees as improper trade practices.
This innings is in the heart Stephen MiranPresiding over the Economic Advisory Council (CEA). Meeran is one of the major voices shaping America’s new business trend – and her ideas are now being tested on a global stage
Who is Stephen Miran?
- Miran has a PhD in Economics from Harvard University, where he studied under Martin Feldstein, a famous economist who advised former President Ronald Reagan.
- He is also a senior strategist in Hudson Bay Capital Management and is a companion at the Manhattan Institute.
- Miraan resonates the world vision of Trump which the US has taken too much – from the funding of global security to a business system, which in his view, benefits others more than Americans.
- In 2023 policy paper titled ‘A User Guide to Restructuring’
Global trade system ‘, Miran underlined how the US can impose tariffs with minimum economic disruption. Citing the 2018-2019 trade war with China, he argued that the first tariff increased the government revenue while the dollar absorbed the shock. - In a statement by the White House on 7 April, Miran said that the US can no longer allow other countries to “free-ride on our blood, sweat and tears”.
Voting
Do you support President Trump’s decision to impose mutual tariffs on major business partners?
