White House economic advisor Miran encourages countries to approach Trump with offers to cut tariffs

Washington: White House economic adviser Stephen Miran on Monday encouraged countries hoping to escape high reciprocal US tariff rates to make offers to President Donald Trump, saying the president would welcome moves to lower barriers to US exports.

Miran told an event hosted by the Hudson Institute think tank that services, where the US has a strong advantage, were also important, but the United States had gotten out of balance with regard to manufacturing.

Miran, who chairs the White House Council of Economic Advisers, said he believed a range of US policies, including pursuing more deregulation, would keep inflation under control.