Top Demo­c­ra­t­ic advis­er says Trump trade war worse than ‘bad’ Har­ris price goug­ing ban

A lead­ing Demo­c­ra­t­ic advis­er and top econ­o­mist is argu­ing that, while he isn’t a fan of Vice Pres­i­dent Kamala Harris’s plan to go after price goug­ing, for­mer Pres­i­dent Don­ald Trump’s tar­iff agen­da is more con­cern­ing.
Jason Fur­man, the chair­man of for­mer Pres­i­dent Barack Obama’s Coun­cil of Eco­nom­ic Advis­ers, told the Wash­ing­ton Exam­in­er on Tues­day that even though he has harsh­ly crit­i­cized Harris’s price-goug­ing pro­pos­al, he views Trump’s push to apply tar­iffs aggres­sive­ly is a big­ger deal when the con­se­quences of the two pro­pos­als and like­li­hood they would hap­pen are tak­en into con­sid­er­a­tion.
“The price goug­ing pro­pos­al won’t pass the Sen­ate and regard­less even if it did, the more lim­it­ed ver­sions that mim­ic state law would be only a mild bad but not ter­ri­ble,” he said in an email. “All that pales in com­par­i­son to a glob­al trade war.”
Fur­man explained his stance after pub­lish­ing an op-ed in the Wall Street Jour­nal argu­ing that Har­ris is the safer …