The upcoming 2024 presidential race between Donald Trump and Kamala Harris has economists leaning toward Harris’s economic strategies. A recent Wall Street Journal opinion piece by Obama-era economist Jason Furman suggests that Harris’s economic proposals are seen as less risky for the economy compared to Trump’s. This is despite both candidates holding undergraduate degrees in economics. What Happened: Trump’s proposed tariffs, including a 10% tariff on all U.S. imports and a 60% tariff on Chinese goods, are viewed as a significant economic threat by Furman. These tariffs would cover $4 trill…
