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Jason Furman
jasonfurman.bsky.social
did:plc:nblkfzawd42zaxkycspl6ggj
I don't think people realize that in important respects tariffs are now higher & more inflationary than what was announced on last Wednesday.
Since then we've gone from 54% to 125% on China, our 3rd largest trading partner. That outweighs delaying the increases on 70+ others.
2025-04-09T22:51:47.492Z