7 Strategic Wins That Positioned Seaborn Maritime as a Leader in U.S.–Thailand Shipping
This exclusive feature, developed in collaboration with Pressiqa, breaks down the key moves that positioned Seaborn Maritime as a trusted name in cross-border shipping services.
Unlike many executive teams that approach maritime logistics purely from a business standpoint, Seaborn's leadership stems from firsthand sea experience. CEO PanipanPansangbegan his career as a cadet aboard a 32,379 gross tonnage bulk carrier, navigating real-world storms, leading cargo operations, and managing international crews. That operational depth has shaped the company's ethos: credibility built on firsthand knowledge.
Pansang's rare shift from Deck Officer to Sales Engineer at Inter Marine Lube proved critical. It equipped him with both technical and commercial fluency—enabling him to negotiate high-value lubricant contracts with Chevron while understanding the mechanical realities on board. This duality informs how Seaborn designs its services, ensuring they are both operationally practical and commercially optimized.
At the core of Seaborn's value proposition is its full-spectrum port support. The company provides end-to-end solutions for Thai vessels docking in U.S. ports and American ships arriving in Thailand. Services include provisioning, documentation, safety equipment sourcing, and even crew change logistics. By becoming a one-stop partner, Seaborn simplifies complex port calls for clients navigating foreign waters.
Seaborn has been an early adopter of AI-driven tools for vessel inspection and berthing optimization. These technologies reduce turnaround times and eliminate the need for company representatives to travel for basic audits. Instead, Seaborn conducts remote inspections and real-time compliance checks—a timely solution in the wake of post-pandemic travel restrictions.
Strategically, Seaborn has aligned itself with both ASEAN and American port authorities to facilitate smoother maritime trade routes. Whether through documentation support, multilingual crew coordination, or real-time weather recalibration during port delays, Seaborn is building trust on both sides of the Pacific.
Recognizing the urgent shift toward sustainability, Seaborn has launched specialized crew training programs in green shipping technologies. These efforts help client vessels meet new environmental benchmarks without sacrificing efficiency and align with international standards set by the IMO for reducing greenhouse gas emissions from ships. It's a future-proofing strategy that resonates with both regulators and eco-conscious operators.
PanipanPansang is currently pursuing an MBA while running Seaborn and consulting for maritime startups. This commitment to growth trickles down throughout the organization, fostering a culture where agility and learning are non-negotiable. It allows Seaborn to stay ahead of regulatory updates, anticipate market shifts, and innovate faster than its competitors.
Through these seven strategic moves, Seaborn Maritime has not only elevated its own position—it has set a new benchmark for what cross-border maritime service can look like.
'In shipping, reputation travels faster than the current,' says Pansang. 'Our goal is to make sure that what follows our name is trust.'
As Seaborn gears up to expand its footprint further into American ports and deepen its presence in ASEAN trade corridors, one thing is clear: this is a company not just adapting to the future of shipping, but actively shaping it.
TIME BUSINESS NEWS
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Chicago Tribune
33 minutes ago
- Chicago Tribune
US tariffs on European goods threaten to shake up the world's largest trade relationship
FRANKFURT, Germany — The European Union expects to find out on Monday whether President Donald Trump will impose punishing tariffs on America's largest trade partner in a move economists have warned would have repercussions for companies and consumers on both sides of the Atlantic. Trump imposed a 20% import tax on all EU-made products in early April as part of a set of tariffs targeting countries with which the United States has a trade imbalance. Hours after the nation-specific duties took effect, he put them on hold until July 9 at a standard rate of 10% to quiet financial markets and allow time for negotiations. Expressing displeasure the EU's stance in trade talks, however, Trump said he would increase the tariff rate for European exports to 50%, which could make everything — from French cheese and Italian leather goods to German electronics and Spanish pharmaceuticals — much more expensive in the U.S. The EU's executive commission, which handles trade issues for the bloc's 27-member nations, said its leaders hope to strike a deal with the Trump administration. Without one, the EU said it was prepared to retaliate with tariffs on hundreds of American products, ranging from beef and auto parts to beer and Boeing airplanes. U.S. Treasury Secretary Scott Bessent told CNN's 'State of the Union' program on Sunday that 'the EU was very slow in coming to the table' but that talks were now making 'very good progress.' Here are important things to know about trade between the United States and the European Union. The EU's executive commission describes the trade between the U.S. and the EU as 'the most important commercial relationship in the world.' The value of EU-U.S. trade in goods and services amounted to 1.7 trillion euros ($2 trillion) in 2024, or an average of 4.6 billion euros a day, according to EU statistics agency Eurostat. The biggest U.S. export to Europe is crude oil, followed by pharmaceuticals, aircraft, automobiles, and medical and diagnostic equipment. Europe's biggest exports to the U.S. are pharmaceuticals, cars, aircraft, chemicals, medical instruments, and wine and spirits. Trump has complained about the EU's 198 billion-euro trade surplus in goods, which shows Americans buy more stuff from European businesses than the other way around. However, American companies fill some of the gap by outselling the EU when it comes to services such as cloud computing, travel bookings, and legal and financial services. The U.S. services surplus took the nation's trade deficit with the EU down to 50 billion euros ($59 billion), which represents less than 3% of overall U.S.-EU trade. Before Trump returned to office, the U.S. and the EU maintained a generally cooperative trade relationship and low tariff levels on both sides. The U.S. rate averaged 1.47% for European goods, while the EU's averaged 1.35% for American products. But the White House has taken a much less friendly posture toward the longstanding U.S. ally since February. Along with the fluctuating tariff rate on European goods Trump has floated, the EU has been subject to his administration's 50% tariff on steel and aluminum and a 25% tax on imported automobiles and parts. Trump administration officials have raised a slew of issues they want to see addressed, including agricultural barriers such as EU health regulations that include bans on chlorine-washed chicken and hormone-treated beef. Trump has also criticized Europe's value-added taxes, which EU countries levy at the point of sale this year at rates of 17% to 27%. But many economists see VAT as trade-neutral since they apply to domestic goods and services as well as imported ones. Because national governments set the taxes through legislation, the EU has said they aren't on the table during trade negotiations. 'On the thorny issues of regulations, consumer standards and taxes, the EU and its member states cannot give much ground,' Holger Schmieding, chief economist at Germany's Berenberg bank, said. 'They cannot change the way they run the EU's vast internal market according to U.S. demands, which are often rooted in a faulty understanding of how the EU works.' Economists and companies say higher tariffs will mean higher prices for U.S. consumers on imported goods. Importers must decide how much of the extra tax costs to absorb through lower profits and how much to pass on to customers. Mercedes-Benz dealers in the U.S. have said they are holding the line on 2025 model year prices 'until further notice.' The German automaker has a partial tariff shield because it makes 35% of the Mercedes-Benz vehicles sold in the U.S. in Tuscaloosa, Alabama, but the company said it expects prices to undergo 'significant increases' in coming years. Simon Hunt, CEO of Italian wine and spirits producer Campari Group, told investment analysts that prices could increase for some products or stay the same depending what rival companies do. If competitors raise prices, the company might decide to hold its prices on Skyy vodka or Aperol aperitif to gain market share, Hunt said. Trump has argued that making it more difficult for foreign companies to sell in the U.S. is a way to stimulate a revival of American manufacturing. Many companies have dismissed the idea or said it would take years to yield positive economic benefits. However, some corporations have proved willing to shift some production stateside. France-based luxury group LVMH, whose brands include Tiffany & Co., Luis Vuitton, Christian Dior and Moet & Chandon, could move some production to the United States, billionaire CEO Bernaud Arnault said at the company's annual meeting in April. Arnault, who attended Trump's inauguration, has urged Europe to reach a deal based on reciprocal concessions. 'If we end up with high tariffs, … we will be forced to increase our U.S.-based production to avoid tariffs,' Arnault said. 'And if Europe fails to negotiate intelligently, that will be the consequence for many companies. … It will be the fault of Brussels, if it comes to that.' Some forecasts indicate the U.S. economy would be more at risk if the negotiations fail. Without a deal, the EU would lose 0.3% of its gross domestic product and U.S. GDP would fall 0.7%, if Trump slaps imported goods from Europe with tariffs of 10% to 25%, according to a research review by Bruegel, a think tank in Brussels. Given the complexity of some of the issues, the two sides may arrive only at a framework deal before Wednesday's deadline. That would likely leave a 10% base tariff, as well as the auto, steel and aluminum tariffs in place until details of a formal trade agreement are ironed out. The most likely outcome of the trade talks is that 'the U.S. will agree to deals in which it takes back its worst threats of 'retaliatory' tariffs well beyond 10%,' Schmieding said. 'However, the road to get there could be rocky.' The U.S. offering exemptions for some goods might smooth the path to a deal. The EU could offer to ease some regulations that the White House views as trade barriers. 'While Trump might be able to sell such an outcome as a 'win' for him, the ultimate victims of his protectionism would, of course, be mostly the U.S. consumers,' Schmieding said.
USA Today
2 hours ago
- USA Today
10 reasons every American adult should invest in the stock market
The stock market isn't just for rich investors. Jeremy Siegel, the Wharton School finance professor who wrote the classic investing book Stocks for the Long Run, famously called the stock market the "greatest wealth creator of all time" if those results are measured in decades instead of months or years. However, a recent Gallup survey found that only 62% of U.S. adults are currently invested in the stock market through individual stocks, mutual funds or retirement accounts. The ones who aren't invested might be shunning stocks due to a lack of cash, a low tolerance for risk, a distrust of Wall Street or poor financial literacy. So today, let's cut through all that confusion and discuss 10 reasons every American adult should be invested in the stock market — regardless of their income, savings or appetite for risk. 1. Savings accounts can't beat inflation From 2004 to 2024, the U.S. had an average annual inflation rate of 2.5%. During that same period, U.S. savings accounts paid an average annual yield of 1%. So if you had simply kept your cash in a savings account, your purchasing power would have steadily withered. The Federal Reserve's rate hikes in 2022 and 2023 boosted the yields of savings accounts, CDs and T-bills to between 3% and 5%, but those yields will shrivel again as interest rates drop. 2. Bonds don't always beat inflation Some bonds — like Treasury-Protected Inflation Securities (TIPS), Series I (inflation-tracking) bonds, and long-term Treasuries — are designed to keep pace with inflation. However, most Series EE (fixed-rate), municipal and corporate bonds struggle to stay ahead of that curve. Some of those bonds might outpace inflation over the short term with higher yields, but they usually come with a lot more credit risk than lower-yielding bonds. 3. The S&P 500 outpaces inflation Meanwhile, the S&P 500 — the index of the 500 leading publicly traded companies in the U.S. — delivered an average annual return of more than 10% since its inception in 1957. Past performance never guarantees future gains, but the S&P 500 should keep rising as long as the U.S. economy keeps expanding. So if you don't want to fret over individual stocks, you can directly invest in the S&P 500 through the low-cost Vanguard S&P 500 ETF (NYSEMKT: VOO). 4. It doesn't cost anything to get started In the past, investors were usually charged commissions for each trade. But over the past decade, commission-free trades — which were popularized by newer trading platforms like Robinhood Markets — became the industry standard. 5. Fractional trades make investing even simpler With some of the market's top stocks trading at hundreds or thousands of dollars per share, it seems like you need a lot of cash to get started. That was true in the past, but most brokerages now offer fractional trades — which allow you to gradually accumulate shares of high-flying stocks like Nvidia or Amazon. 6. Small investments add up over time If you'd invest $100 each month with a modest 8% annual return, you would compound your gains to over $150,000 in 30 years. Therefore, you don't necessarily need to set aside a lot of cash to thrive in the stock market — you just need to make consistent, bite-sized investments. 7. The top stocks aren't as volatile as you think There are plenty of risky and volatile stocks. But there are also plenty of evergreen stocks that pay predictable dividends and generate fairly stable long-term returns. For example, Coca-Cola's stock rallied 213% over the past 20 years — and if you had reinvested your dividends, you would have generated a total return of 473% and easily outpaced inflation. Warren Buffett's Berkshire Hathaway surged 786% during the same period. 8. It's a great way to gain a financial education The stock market might seem confusing, but it becomes clearer once you understand a company's business model, evaluate its earnings reports, and realize that it only requires simple arithmetic to calculate the stock's valuations. Once you grasp those basic metrics, it becomes easier to analyze stocks and understand the broader financial markets. Teaching yourself how to invest is a great way to increase your own financial literacy and make smarter decisions with money. 9. You should secure your retirement today Being smarter with money could help you retire earlier and more comfortably. But according to the Federal Reserve, only 54.3% of Americans have retirement accounts, and a mere 4.7% of those accounts have hit $1 million in savings. Building up a portfolio of stocks, index funds and exchange-traded funds could help you join that elite minority. 10. Passive income grants you more freedom Once you build up a $1 million portfolio, you can spread it across conservative dividend stocks that pay yields of 4% to 5% to generate $40,000 to $50,000 in extra income every year. If you don't need that cash right away, you can reinvest it into the same stocks to compound your gains. That's why stocks are still definitely one of the world's greatest wealth creators — and why every adult in the U.S. should have some exposure to the stock market in their retirement accounts. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Leo Sun has positions in Amazon and Berkshire Hathaway. The Motley Fool has positions in and recommends Amazon, Berkshire Hathaway, Nvidia and Vanguard S&P 500 ETF. The Motley Fool has a disclosure policy. The Motley Fool is a USA TODAY content partner offering financial news, analysis and commentary designed to help people take control of their financial lives. Its content is produced independently of USA TODAY. The $23,760 Social Security bonus most retirees completely overlook Offer from the Motley Fool: If you're like most Americans, you're a few years (or more) behind on your retirement savings. But a handful of little-known "Social Security secrets"could help ensure a boost in your retirement income. One easy trick could pay you as much as $23,760 more... each year! Once you learn how to maximize your Social Security benefits, we think you could retire confidently with the peace of mind we're all after. JoinStock Advisorto learn more about these strategies. View the "Social Security secrets" »
2 hours ago
'This Week' Transcript 7-6-25: Chairman of the White House Council of Economic Advisers Stephen Miran, former Treasury Secretary Larry Summers and Dr. Richard Besser
A rush transcript of "This Week with George Stephanopoulos" airing on Sunday, July 6, 2024 on ABC News is below. This copy may not be in its final form, may be updated and may contain minor transcription errors. For previous show transcripts, visit the "This Week" transcript archive. STEPHANOPOULOS: Want to get more on this now from former Treasury Secretary Larry Summers. Also the former president of Harvard University. Larry, thank you for joining us this morning. In "The New York Times" this week, you and Robert Rubin, who also served as president -- as Treasury secretary, called this bill dangerous, said it 'posed a huge risk to the economy.' What are those risks? FORMER TREASURY SECRETARY LARRY SUMMERS: George, just to start with, what your people have been describing is the biggest cut in the American safety net in history. The Yale Budget Lab estimates that it will kill, over 10 years, 100,000 people. That is 2,000 days of death like we've seen in Texas this weekend. In my 70 years, I've never been as embarrassed for my country on July 4th. These higher interest rates, these cutbacks in subsidies to electricity, these reductions in the availability of housing, the fact that hospitals are going to have to take care of these people and pass on the costs to everybody else, and that's going to mean more inflation, more risk that the Fed has to raise interest rates and run the risk of recession, more stagflation, that's the risk facing every middle-class family in our country because of this bill. And for what? A million dollars over 10 years to the top tenth of a percent of our population. Is that the highest priority use of federal money right now? I don't think so. This is a shameful act by our Congress and by our president that is going to set our country back. STEPHANOPOULOS: Part of the president's argument is that economic growth sparked by the bill will alleviate the dangers that you talk about here. The chair of the Council of Economic Advisers is up next, and his council issued a report this week projecting $11 trillion in deficit reduction from growth, higher tax revenue and savings on debt payments. How do you respond to that? SUMMERS: It is respectfully nonsense. None of us can forecast what's going to happen to economic growth. What we can forecast is that when people have to hold government debt instead of being able to invest it in new capital goods, new machinery, new buildings, that makes the economy less productive. What we can forecast is that when we're investing less in research and development, investing less in our schools, that there is a negative impact on economic growth. There is no economist anywhere, without a strong political agenda, who is saying that this bill is a positive for the economy. And the overwhelming view is that it is probably going to make the economy worse. Think about it this way. How long can the world's greatest debtor remain the world's greatest power? And this is piling more debt onto the economy than any piece of tax legislation in dollar terms that we have ever had. STEPHANOPOULOS: But, Larry, as you know, experts in the past have raised alarm bells about the deficits, and the economy seems pretty resilient in the face of that. SUMMERS: George, the best period we have had in the economy was the economy that -- was the period that Secretary Rubin and I wrote about when we served President Clinton and by acting responsibly on the deficit by listening to the CBO rather than expressing contempt for it, we reduced the deficit, set off a virtual -- virtues circle of increased investment, more growth, lower deficits, lower interest rates, and then around the cycle again. Experts warn about risks. And I can't tell you whether the financial crisis is going to come this year or whether the financial crisis is going to come five years from now. And I'm not going to do cry wolf rhetoric. By the way, I was the one who was saying for a decade after 2010 that deficit reduction didn't need to be a national priority. But anybody who looks at the numbers sees that we've never had deficits remotely like this or the prospect of debts remotely like this at a moment when the economy was strong and we were at peace anytime in our history. This is a risk that we don't need to run, and for what? To give $1 million a year to the top-tenth of a percent while, in effect, sentencing 100,000 poor Americans to death over the next 10 years because they can't get access to necessary medical procedures, because they can't get driven to a hospital, because their family members can't get supported? This is just wrong. STEPHANOPOULOS: Finally -- SUMMERS: Look, there are lots of things, George, that you argue about, and Democrats, Republicans have different perspectives. This is that very rare instance where everybody outside of a mainstream sees something very dangerous happen. STEPHANOPOULOS: Finally, the president's team argued that tariff revenue is going to help make up some of the shortfall. What's your response? SUMMERS: Yeah, it probably will collect some revenue at the cost of higher inflation for American consumers, less competitiveness for American producers. 60 times as many people use -- work in industries that use steel as work in the steel industry, and every one of them is less competitive because of the president's tariffs. So, higher prices, less competitiveness, and not really that much revenue relative to what's being given to the very wealthy in this bill. STEPHANOPOULOS: Larry Summers, thanks very much. STEPHANOPOULOS: Let's get more on the health care impact now from our former colleague, Dr. Richard Besser, president of the Robert Wood Johnson Foundation. Rich, thank you for joining us this morning. Your -- your organization said this legislation is going to devastate the U.S. health care system. Spell out why you believe that. DR. RICHARD BESSER, FORMER CDC ACTING DIRECTOR & ROBERT WOOD JOHNSON PRESIDENT AND CEO: Yes, I mean, George, the -- the -- the -- the piece we just heard laid out some of that. This is the biggest cut to federal support to health care in history. A trillion dollars coming out of that, you know, and it will reverse generations of improvement we had been making in terms of getting people access to health care. The Congressional Budget Office says that over 11 million people will lose access to health care. I worked in community clinics for over 30 years, and in those clinics, some patients had Medicaid and some had no insurance. And I saw the struggle that people would make to determine, 'Should I come in for my health care,' 'Should I pay for my medications,' or, 'Should I use that money for rent, to put food on the table?' This bill will make it so much harder and will put so many more people in that position. STEPHANOPOULOS: Defenders of the president's plan said that the CBO, the Congressional Budget Office, as you just cited, has a history of overestimating the coverage cuts, and that most states will find workarounds to these work requirements. How do you respond to that? BESSER: Well, you know, we have an example. Arkansas tried work requirements -- the idea that anyone who should be able to work should work to get benefits. And what they found was that the number of people working didn't go up at all, but over 11,000 people lost their Medicaid insurance. And it not only affects those individuals, which is bad enough, but rural hospitals across America depend on Medicaid dollars to stay in existence. It's predicted that there could be hundreds of rural hospitals that close. Those hospitals are also a driver for businesses. Businesses don't want to move into a community without a hospital. There are so many repercussions of this bill. I don't know how someone can go back to their district and face the people who voted for them after they intentionally are causing so much pain and harm across our nation. STEPHANOPOULOS: Beyond the cuts on Medicaid, there are also some changes for -- to those who are covered by the Affordable Care Act and the overall impact on health insurance costs. What should we expect? BESSER: Well, you know, this -- we all know that the Affordable Care Act wasn't the end game. We're the only wealthy nation in which not every person who lives here has access to health care, but the Affordable Care Act moved us in that direction. But this does nothing to help people who have health insurance but are finding it too expensive. This makes it harder in terms of not providing people with the -- with the extra supplement to help pay for their insurance. So, we're going to see more and more people who are not able to get the care that they need. And what that leads to is that people who were healthy become unhealthy and become unable to work. People with disabilities in particular can be hit hard. One-third of people with disabilities get Medicaid and it helps keep people healthy with disabilities so they can work. That's going to be -- that's going to be a challenge with this. STEPHANOPOULOS: How can organizations like yours fill the gap? BESSER: Well, we can't. What we can do is work with others to put forward a vision of what should be. We should be a nation in which every single person has access to high quality, comprehensive, affordable health care. We're going to be working on that. We're going to be putting forward that message. But we cannot fill the gap from what the government is doing. And there's an assault on health care that's coming from all sides. You know, this bill is doing it to the health care system, to food support. We're seeing it with our secretary of health who's doing it to our vaccine system. There are so many assaults. The National Institutes of Health, which is where our cures and future treatments come from, they're under assault. You know, it's hard to pick one of these, and philanthropy cannot fill those gaps, but we can use our voice to call out the concerns that we see for health broadly across our nation. STEPHANOPOULOS: Rich Besser, thanks very much. STEPHANOPOULOS: Let's get a response now from Stephen Miran, the Chair of the White House Council of Economic Advisers. Steve, thanks for coming in this morning. You just heard Mr. Summers right there. He starts out saying the bill is dangerous, huge risks. STEPHEN MIRAN, CHAIR, WHITE HOUSE COUNCIL OF ECONOMIC ADVISERS: Thanks for having me. Look, I think that there's been a lot of -- a lot of doom mongering, a lot of scare mongering, and this isn't the first time, by the way. During the president's first term, lots of folks said that the president's historic tariffs on China during the first term were going to be terrible for the economy. And there was no lasting evidence of that whatsoever. There was no meaningful economic inflation, no meaningful economic slowdown. Everything was actually pretty OK in response to the tariffs last time. And thus far again, this time, we've had a repeat of the same performance whereby lots of folks predicted that it would end the world, there would be some sort of disastrous outcome. And once again, tariff revenue is pouring in. There's no sign of any economically significant inflation whatsoever, and job creation remains healthy. STEPHANOPOULOS: Job creation does remain healthy. But let's talk about the Bill to begin. I want to get back to tariffs in a second. This increase in the debt, he says that every major economist who doesn't have a political agenda, agrees that this is going to pose a danger to the economy because of the increased debt service payments. MIRAN: Yeah, I don't think that's -- I don't think that that's true at all. And I think the historical record is on our side. It's the same combination of policies, tax cuts, deregulation, trade renegotiation, and energy abundance that gave us astounding economic growth in the president's first term, 2.8 percent until the pandemic. And that's exactly what we forecast again, very similar numbers. STEPHANOPOULOS: That was one year. MIRAN: No, no, no, 2017 to 2019. The annualized rate over those three years was 2.8 percent. Right? Very high economic growth as a result of these same policies. And that's just a statistical fact. And so, what the people who predict big deficits don't understand is that economic growth is going to soar in response to these policies. If you give massive incentives for investment, huge incentives for new factories, full expensing on new factories, full expensing on equipment, full expensing on R&D expenditures, that incentivizes more of this stuff. You're going to get more people investing in factories as a result of these tax benefits. More investment means more income. More income means more tax revenue. And as a result, deficits go down. STEPHANOPOULOS: Why should we not believe the CBO when they say that something approaching a little more than 11 million people are going to be -- are going to lose their healthcare coverage because of the Medicaid cuts? MIRAN: Well, because they've been wrong in the past. When Republicans repealed the individual mandate penalty during the Tax Cuts and Jobs Act in the president's first term, CBO predicted that there was going to be about 5 million people losing their insurance by 2019. And you know what? The number was not very significantly changed at all. It was a tiny fraction of that. And so, they've been wrong in the past. And look, if we don't pass the -- if we didn't pass the Bill, eight to nine million people would've lost their insurance for sure, as a result of the biggest tax act in history creating a huge recession. The best way to make sure people are insured is to grow the economy, get them jobs, get them working, get them insurance through their employer. Creating jobs, creating a booming economy is always the best way to get people insured. STEPHANOPOULOS: On tariffs, the deadline, the president's deadline is approaching for the deals. We've only seen three deals so far. What should we expect next? MIRAN: Well, I'm still optimistic that we're going to get a number of deals later this week. Part of that is because all the negotiating goes through a series of steps that lead to -- that lead to a culmination timed with the deadline. But it's important that countries line up to make concessions to get those deals, to convince the president that they should get lower tariff rates. And thus far, it's been happening. The president has very successfully used leverage and the threat of tariffs to get companies to create -- to grant concessions to open their markets to U.S. goods. STEPHANOPOULOS: But we've only seen an agreement with Britain. It's really just the framework of an agreement. We've seen the agreement with Vietnam. Where are the other deals? MIRAN: Well, I'm -- as I said, I'm still expecting a number to come this week. The Vietnam deal was fantastic. It's extremely one-sided. We get to apply a significant tariff to Vietnamese exports. They're opening their markets to ours, you know, applying zero tariff to our exports. It's a fantastic deal for Americans. STEPHANOPOULOS: So, if the -- but if these other deals don't come in this week, will the president be extending the deadline? MIRAN: Well, my expectation would be that countries that are negotiating in good faith and making the concessions that they need to, to get to a deal, but the deal is just not there yet because it needs more time, my expectation would be that those countries get a roll, get, you know, sort of, get the date rolled. STEPHANOPOULOS: Like which countries are those? MIRAN: Well, I mean, I think we're seeing lots of good progress on a variety of countries. You know, I -- to be clear, I'm not a trade negotiator. I'm not involved in the details of these talks, but I hear good things about the talks with Europe. I hear good things about the talks with India, you know? And so, I would expect that a number of countries that are in the process of making those nego -- making those concessions, you know, they might see their date rolled. For the countries that aren't making concessions, for the countries that aren't negotiating in good faith, I would expect them to sort of see higher tariffs. But, again, the president will decide -- you know, the president will decide later this week, and in the time following, whether or not the countries are doing what it takes to get access to the American market like they've grown accustomed to. STEPHANOPOULOS: We saw new jobs numbers come in this week. As I said, the economy seems pretty resilient. But underneath the overall numbers, there does seem to be some slowdown among private sector job creation. Concerned? MIRAN: Well, it's not really a concern because of the huge incentives we have to unleash growth in the -- in the near future. The One Big, Beautiful Bill is going to create growth on turbocharge. Cutting regulations, cutting red tape so that companies can invest, build higher when and where they want instead of spending years begging permission from Washington is going to turbocharge growth. Opening foreign markets to U.S. exports by getting concessions through trade renegotiation is going to turbocharge growth. Low energy prices like the president is achieving, lowest gas prices since 2021 at the pump is going to turbocharge growth. And all that's to come. STEPHANOPOULOS: You say this is all going to turbocharge growth. We have seen some experience with this back -- in Ronald Reagan's day, back in 1981. He had huge tax cuts. The growth didn't come, and they had to end up raising taxes for several years after that. Concerned that could happen again? MIRAN: Well, like I said before, you know, history's on our side. If you look at what happened in the president's first term, growth soared and there was no real material, you know, meaningful long-term decline in revenue. Revenue as a share of GDP was 17.1 percent last year, the same as it was before the Tax Cuts and Jobs Act. So, you got this huge surge in growth as a result of the Tax Cuts and Jobs Act. There was no material long-term decline in revenue. Corporate revenue even went up as a share of GDP from 1.6 to 1.9 percent. And the growth delivered. And we expect the same thing to happen this time.
