Prof. Kalemli-Ozcan has recently attended to Jackson Hole meetings. Her interview with Bloomberg on August 21st (below link, 25th minute onwards) explains why tariffs constitute a stagflationary shock for the US, if they end up staying on for many countries and sectors in excess of 10 percent. Her interview is based on their research, "Global Networks, Monetary Policy, and Trade" joint with Can Soylu and Muhammed Yildirim.

https://www.youtube.com/watch?v=k6QsSbw9AlI