Jason Furman

1 month ago | foreignaffairs.com | Steven Levitsky |Michael Froman |Jason Furman |Daniel Rosen

In early February, as he flew in Air Force One above the body of water he’d recently renamed the Gulf of America, President Donald Trump declared that he would levy tariffs on all imported steel and aluminum. Two weeks later, he issued a presidential memorandum laying out new guidance for screening investment from Chinese firms in the United States and U.S. firms into China.

1 month ago | foreignaffairs.com | Steven Levitsky |Michael Froman |Jason Furman |Daniel Rosen

In early February, as he flew in Air Force One above the body of water he’d recently renamed the Gulf of America, President Donald Trump declared that he would levy tariffs on all imported steel and aluminum. Two weeks later, he issued a presidential memorandum laying out new guidance for screening investment from Chinese firms in the United States and U.S. firms into China.

1 month ago | city-journal.org | Jason Furman |Allison Schrager |Jordan McGillis

Jason Furman joins Allison Schrager and Jordan McGillis to discuss trade-offs in economic policy decision-making. Jordan McGillis: Welcome back to 10 Blocks. I’m Jordan McGillis, economics editor of City Journal. Allison Schrager: And I’m Allison Schrager. I’m a senior fellow at Manhattan Institute, a contributing editor at City Journal and a columnist at Bloomberg Opinion.

1 month ago | foreignaffairs.com | Mariana Mazzucato |Jason Furman |Matthew J. Slaughter |David Wessel

In many ways, Donald Trump’s election to a second term as U.S. president is a story of economic dissatisfaction. For the first time in decades, the Democratic candidate received more support from the richest Americans than from the poorest. In 2020, most voters from households earning less than $50,000 a year opted for the Democrat, Joe Biden; in 2024, they favored the Republican, Trump. Those making more than $100,000 a year, meanwhile, were more likely to vote for Kamala Harris than for Trump.

1 month ago | foreignaffairs.com | Matthew J. Slaughter |David Wessel |Jason Furman |Amy Pope

For the United States, these are trying times. Americans are overcome with an unshakable sense of economic malaise. The top-line indicators are good: unemployment is low, inflation is declining, and the country remains the richest in the world. Yet in poll after poll, most Americans say they are unhappy with the state of the economy today and its prospects for tomorrow. Only a quarter consider the economy good or excellent.