In a recent op-ed for The Wall Street Journal, Stephen Miran, the former chair of the White House Council of Economic Advisers, proposed a provocative thesis: that the current administration’s aggressive tariff regime represents a net improvement for tax policy. Miran’s core argument centers on the interaction between trade barriers and domestic tax incentives—specifically, that…
In a recent contribution to The Wall Street Journal, former White House Council of Economic Advisers chair Stephen Miran presented an intriguing, albeit mathematically flawed, defense of the Trump administration’s trade policy. Miran argued that the administration’s aggressive tariff regime is not merely a protectionist tool but a functional improvement to the U.S. tax landscape….
By PYMNTS July 2, 2026 In a startling disclosure that underscores the complex interplay between international trade policy and corporate finance, global sportswear titan Nike Inc. has announced it expects to receive a nearly $1 billion tariff refund from the federal government. The revelation, delivered alongside the company’s fiscal 2026 fourth-quarter and full-year earnings report,…
