White House CEA warns that near-term risk to economic activity stems from ongoing tariff issues.
$SPY - White House Council of Economic Advisers (CEA) Warns of "Near-term Risk To Economic Activity Is Due To Tariff Issue" -the CEA is chaired by Stephen Miran -assuming this will be corrected or is a typo
White House CEA Warns "Near-term Risk To Economic Activity Is Due To Tariff Issue" 🏛️📉
The White House Council of Economic Advisers said on Friday that ongoing tariff disputes pose a near-term risk to U.S. economic activity, underscoring concern that higher import levies could weigh on growth and consumer spending. CEA Chair Stephen Miran told reporters the council is monitoring the situation closely and will update its outlook if the trade frictions persist or escalate. The warning comes less than five months after the United States imposed a 145% tariff on Chinese goods, a move that has already rippled through supply chains and raised prices for businesses and households.
