A Narrow Path Towards Noninflationary Tariffs
Since President Trump took office on January 20th, speculation about tariffs has been omnipresent in supply chain planning conversations.
But we do have a guide to the administration's philosophy, A User's Guide to Restructuring the Global Trading System, written by Stephen Miran and published by Hudson Bay Capital in November of 2024. Miran is Trump's pick to lead his Council of Economic Advisers, and will be appearing before the Senate Committee on Banking, Housing, and Urban Affairs the day this episode first airs.
In his User's Guide, Miran makes the case that it is possible to use…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.