logo
welcome
Benzinga

Benzinga

Obama-Era economist Jason Furman questions Trump's logic behind tariffs

Benzinga
Summary
Nutrition label

66% Informative

Jason Furman , a key figure in 44th U.S. President Barack Obama's administration, raised questions on X regarding the logic behind tariffs.

The query comes in response to former President Donald Trump 's recent pledge to impose tariffs of up to 20% on all imports and up to 60% on Chinese goods.

Furman's comments highlight the potential economic repercussions of such tariffs.