[Audio News] Steven Milan: "Trump's Negotiation Mastery Requires Enduring Short-Term Turmoil"

# Trump's Economic Policy and U.S.-China Trade Relations: Insights from White House Advisor Stephen Miran, chairman of the White House Council of Economic Advisers, recently labeled President Donald Trump a "master of negotiation" in an interview with The New York Times on the 10th (local time). His remarks shed light on the Trump administration’s economic strategy, particularly its aggressive stance on U.S.-China trade relations. Miran expressed unwavering support for Trump’s tariffs on Chinese imports, underscoring their long-term economic advantages despite short-term market disruptions. He emphasized the administration’s dedication to revitalizing the manufacturing sector, scaling back excessive regulations, and addressing the housing shortage—key policies aimed at stimulating economic growth. # Support for Tariffs and Reducing Trade Imbalances Miran defended the presidency’s goal of reducing the trade deficit with China, calling it a pivotal economic objective. He argued that tax cuts and growth-driven policies would eventually increase fiscal revenues, balancing out the initial economic upheaval from protectionist measures. # Countering Criticism Addressing criticism that his economic views are politically motivated, Miran firmly denied such claims. Notably, he is recognized for suggesting an unconventional solution to America’s fiscal challenges—issuing 100-year maturity Treasury bonds with zero interest rates, an idea he believes could significantly reduce the federal deficit in one move. This discussion highlights the Trump administration’s strategic approach to sustaining economic growth while taking a firm stance on international trade, especially with China. Whether Miran’s long-term economic vision will materialize remains a key point of analysis for experts observing U.S.-China relations.