Economic Advisor Discusses Recession and Tariff Impact

According to BlockBeats, U.S. President Donald Trump's economic advisor, Miran, stated that significant changes are necessary for a recession to occur. In 2018, there was no evidence that tariffs contributed to inflation. Miran highlighted that tax cuts and deregulation are also underway. Imports account for only 14% of the GDP. Market fluctuations are inevitable due to tariffs.