Jason Furman, who served as Chairman of the Council of Economic Advisers under 44th President Barack Obama from 2013 to 2017, warned that U.S. tariffs have reached their highest levels in over a century and could prove more inflationary than initially anticipated, just as markets speculate about potential Federal Reserve interest rate decisions.
Obama-Era Economist Jason Furman Says Trump Tariffs ‘Now Higher & More Inflationary’ Than Announced: Raising China Levies Outweighs 90-Day Delay On Others
