Source: International Business Times
Stephen Miran, chairman of the White House Council of Economic Advisers, argues that a weaker dollar is needed to fix trade imbalances AFP One of the architects of US President Donald Trump's tariff blitz has advocated a shake-up of the global trade and financial systems, centred on a radical strategy to weaken the dollar. Stephen Miran, chairman of the White House Council of Economic Advisers, outlined his idea in a 41-page essay titled "A User's Guide to Restructuring the Global Trading System". Little known until now, the Harvard-trained economist's paper -- published in November after Trump's election win -- has garnered attention in recent weeks due to its emphasis on tariffs and a weak dollar.
