Inflation with tariff, meteor-strike is both rare

Upper White House economic Advisor on Tuesday compared the chances that the president Donald Trump‘s tariffs will lead to the highest prices For those who have a meteorite that affects the earth.

“Rare events happen. We get pandemics or meteors, or anything,” said Stephen Miran, Chairman of the Trump Economic Advisers Council, CNBC “”Box for Squawk“

But “there is still no evidence of this,” Miran said.

Lead Melissa Lee noted that Miran equalized the tariff rise in prices with extremely rare events.

“I don’t mean being contemptuous,” he replied. “Everything I mean is that prediction is difficult and we should always talk in terms of chances and opportunities.”

“I don’t have a crystal ball that tells me about the future and no one else,” he said.

Miran also raised an increase New Report From his White House Council, which emphasized the fact that the prices for imported goods fell in December last year and could, despite the fear that Trump’s tariffs will go for prices.

Trump has not announced a “mutual” tariff program until April. And he twice extended the deadline he had set up to reach bilateral trade transactions from the US and avoid these highest rates.

While prices are some Individual goods As a result, the tariffs have already increased, Trump’s policy has not yet pushed the overall inflation feared by enterprises and consumers.

Many economists say they still expect prices in the coming months. And they indicate a few the reasons why These higher prices have not yet appeared.

One of the facts that Trump has repeatedly delayed the implementation of many heaviest release tariffs.

The second is the delay between tariffs and their real impact on the world, and the third factor is a stock that many companies did earlier this year.

Miran was asked at CNBC whether the White House is waiting for the tariffs to raise prices in the future.

“” Will it come in the end? “” Miran said, removing the anchor question. But we waited for many months, and these evidence simply did not appear. “

The White House report analyzes two inflation sensors: personal consumption price index, or PCE, followed by financial markets, and a widely tracked consumer price index or IPC.

“The results clearly show that the price of imported components is declining since March, while total prices have been close to unchanged or slightly increased,” the report said.