U.S. President-elect Donald Trump is the self-proclaimed “tariff man.” On the campaign trail, he talked about tariffs of 20 percent on goods from most countries and 60 percent on those from China. Now, tariffs have trade-offs, especially domestically. To break it down, Ravi Agrawal is joined by a conservative economist who has long made the case for tariffs: Oren Cass, founder and chief economist of American Compass.

Suggested reading (FP links are paywall-free):

Matthew Kroenig: Why the World Should Stop Worrying About a Second Trump Term

Keith Johnson: Everything You Wanted to Know About Trump’s Tariffs But Were Afraid to Ask

Transcript: Economist Adam Posen on How Trump and Harris Differ on Economic Policy

Transcript: Biden Advisor Heather Boushey on Whether Bidenomics Is Trying to Do Too Much

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