Two leading economists debate the potential trade-offs of the Trump administration’s tariffs that are now roiling markets. Oren Cass, the founder of American Compass, joins Kimberly Clausing, a professor at UCLA, to discuss what this all means for the United States and the global economy. 

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Suggested reading (FP links are paywall-free): 

Wendy Cutler: How Countries Should Respond to Trump’s Tariffs

Bob Davis: Trump Has the Whole Global Trade System in His Sights

Michael Hirsh: Tariffs Can Actually Work—if Only Trump Understood How

Lili Pike: Trump Threatens China With New 50 Percent Tariffs

Joseph Rachman: Trump’s Tariffs Crush the ASEAN Economic Model

Transcript: The Case for Trump’s Tariffs

Edward Alden: Trump’s Wanton Tariffs Will Shatter the World Economy

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