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WASHINGTON – David Miran,a veteran of the Trump management and advocate for tariff-focused trade policies,has been appointed to a key economic advisory role by former President Donald Trump,sources confirmed Thursday. The appointment signals a potential shift towards protectionist economic strategies should Trump return to office.
Miran gained prominence in financial circles following the publication of a November 2024 article outlining his approach to addressing the United States’ trade deficit through strategic tariff implementation. The article,published in a yet-unnamed financial publication,quickly garnered attention on Wall Street.
He remains a staunch proponent of tariffs as a tool for reshaping global trade dynamics, arguing they can benefit American workers and industries.
“Predictions of massive retaliation from our trading partners,punishing US companies and workers,simply haven’t materialized,” Miran stated in a Fox Business interview Thursday,hours before trump’s announcement. “The results have been overwhelmingly positive for American workers.” He specifically cited examples in the steel and aluminum industries,noting a reported 3.2% increase in employment in those sectors since the initial implementation of tariffs in 2018.
While less vocal on monetary policy, Miran has consistently advocated for lower interest rates.He has previously served as a consultant to several Fortune 500 companies on interest rate hedging strategies.
“We must acknowledge the President’s proven track record on interest rates,” Miran told CNBC on Friday. “History will demonstrate, once again, that his assessment of lower rates being appropriate was correct.” He referenced Trump’s public criticisms of the Federal Reserve’s rate hikes during his first term, specifically citing a July 2019 tweet where Trump called for a “large cut” in interest rates.
Miran’s background includes service in the Treasury Department during Trump’s first term, where he focused on international trade negotiations. He also held a
