BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//Harvard Law School//NONSGML Events//EN
CALSCALE:GREGORIAN
X-WR-CALNAME:Harvard Law School - Events
X-ORIGINAL-URL:https://hls.harvard.edu/calendar/
X-WR-CALDESC:Harvard Law School - Events
BEGIN:VEVENT
UID:20250906T2325Z-1757201130.8691-EO-721121-1@10.73.0.97
STATUS:CONFIRMED
DTSTAMP:20260508T175520Z
CREATED:20250905T174241Z
LAST-MODIFIED:20250908T201301Z
DTSTART;TZID=America/New_York:20251009T122000
DTEND;TZID=America/New_York:20251009T132000
SUMMARY: HLS Beyond Presents: Tariffs & the Economy – How Intertwined Are T
 hey?
DESCRIPTION: In assessing the actual effects of tariffs on the economy\, Pr
 ofessor Jason Furman suggests that economists\, himself included\, may suff
 er from ‘tariff derangement syndrome’\, wherein they find themselves dispro
 portionately worked up every time tariffs are increased. Given the one cons
 tant factor currently affecting the U.S. economy--– uncertainty – HLS profe
 ssor of international trade law and policy\, Mark Wu\, will engage with Pro
 fessor Furman on the current state of tariff policy and its effects on the 
 U.S. economy.
X-ALT-DESC;FMTTYPE=text/html: <p>Late this summer\, economics Professor <a 
 href="https://www.economics.harvard.edu/people/jason-furman" target="_blank
 " rel="noreferrer noopener">Jason Furman</a> wrote an essay in the NYT enti
 tled “<a href="https://www.nytimes.com/2025/07/31/opinion/tariffs-economy-i
 nflation-recession.html" target="_blank" rel="noreferrer noopener">The Tari
 ffs Kicked In. The Sky Didn’t Fall. Were the Economists Wrong</a>?.” Given 
 that imported goods account for (only) 11% of G.D.P.\, he proffers that the
  complexities of the U.S. economy-- its sheer size and momentum\, range of 
 sectors\, behavior of businesses and consumers\, and variety of factors tha
 t affect the stock market-- may insulate us to some degree from the shocks 
 of such a dramatic shift in international trade policy. In assessing the ac
 tual effects of tariffs on the economy\, he suggests that economists\, hims
 elf included\, may suffer from ‘tariff derangement syndrome’\, wherein they
  find themselves disproportionately worked up every time tariffs are increa
 sed. Given the one constant factor currently affecting the U.S. economy--– 
 uncertainty – HLS professor of international trade law and policy\, <a href
 ="https://hls.harvard.edu/today/trading-places/?utm_medium=social&utm_sourc
 e=hltTwitter">Mark Wu</a>\, will engage with Professor Furman on the curren
 t state of tariff policy and its effects on the U.S. economy. Come with you
 r questions and be a part of what will likely prove a lively discussion. <e
 m>Lunch will be provided</em>. <a href="https://forms.gle/u4U6hg3dbz8NeMbA8
 ">Registration Required</a></p>
CATEGORIES:Discussion
LOCATION:Austin Hall\; 111 Classroom - West
GEO:0;0
ORGANIZER;CN="Emily Rider Neill":MAILTO:eneill@law.harvard.edu
URL;VALUE=URI:https://hls.harvard.edu/events/hls-beyond-presents-tariffs-th
 e-economy-how-intertwined-are-they/
ATTACH;FMTTYPE=image/jpeg:https://hls.harvard.edu/wp-content/uploads/2025/09/Furman_Wu_gridsmall.jpg
END:VEVENT
BEGIN:VTIMEZONE
TZID:America/New_York
BEGIN:DAYLIGHT
TZOFFSETFROM:-0500
TZOFFSETTO:-0400
DTSTART:20250309T070000
TZNAME:EDT
END:DAYLIGHT
END:VTIMEZONE
END:VCALENDAR