The chief economic adviser to President Donald Trump, Stephen Miran, reportedly struggled to reassure major bond and hedge fund investors during a meeting last week.

Several attendees expressed dissatisfaction with the meeting, describing Miran’s remarks on tariffs and markets as unclear or insufficient. Some even suggested that Miran was not up to the task. Some called him "incoherent"  while some said, he was “Out of his depth”.

"When you're with an audience that knows a lot, the talking points are taken apart pretty quickly,” a source told Financial Times.

However, one individual familiar with the meeting expressed optimism about the administration’s approach to deregulation and tax cuts.

Earlier this month in a speech at the Hudson Institute, Miran proposed that countries either accept U.S. tariffs on their exports without retaliating or "write cheques to Treasury that help us finance global public goods" as potential solutions.

SEE ALSO: Joe Rogan Says People Don’t Realize How Quickly Things Can Collapse: ‘Just How Los Angeles Fell Apart The US Could Fall Apart Too’

Why It Matters: The Trump administration’s policies have led to significant fluctuations in U.S. equity and debt markets. U.S. government bonds experienced a sharp sell-off following the president’s announcement of steep tariffs on April 2.

However, according to most investors, declining long-term bond prices and a weakening dollar indicate that the U.S.’s status as a safe haven in global markets is facing pressure.

Vanguard Total Bond Market Index Fund ETF (NASDAQ:BND) climbed 2.24% year-to-date, while iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) rose 3% during the same period.

• READ MORE: Elon Musk Says Will Come As A ‘Surprise To Most’ As China’s Economy Surpasses US And EU Amid Rising Tariffs And Growing Recession Fears

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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.