HKS Authors

See citation below for complete author information.

Frank and Denie Weil Director of the Mossavar-Rahmani Center for Business and Government
Aetna Professor of the Practice of Economic Policy

Abstract

The Dow Jones Industrial Average tumbled today after a weaker-than-expected jobs report and President Trump unleashing new tariffs on the global trade market. CNBC Senior Analyst and Commentator Ron Insana, New York Times Chief White House Correspondent Peter Baker and Harvard Kennedy School Professor Jason Furman join Chris Jansing to share their analysis.

Citation

Furman, Jason. "Trump Tariff Turmoil: Latest hit may lead to price hikes and 'stagflation'." MSNBC, August 1, 2025.