Stephen Miran, chairman of the White House Economic Advisory Committee, said in an interview with CNBC that he never thought the US would go into a “serious recession.” Miran pointed out that Trump is buying time to reach a trade deal. He said that during this period, the US should speed up deregulation of the economy. Miran said Trump wants countries to remove tariffs and non-tariff barriers.

Stephen Miran, chairman of the White House Economic Advisory Committee, said in an interview with CNBC that he never thought the US would go into a “serious recession.” Miran pointed out that Trump is buying time to reach a trade deal. He said that during this period, the US should speed up deregulation of the economy. Miran said Trump wants countries to remove tariffs and non-tariff barriers.