Economist Tells Tucker Carlson What He Predicts Trump’s Tariffs Will Do For America
Economist Oren Cass told Daily Caller News Foundation co-founder Tucker Carlson on Friday that he believes the Trump administration’s guidance on tariffs could lead to strong allies for the United States and more free trade.
Negotiations with a handful of countries have been underway since President Donald Trump announced reciprocal tariffs, hitting some countries, like China, higher than the 10% baseline due to their tariffs against the U.S. While discussing the potential effects of Trump’s economic policies, Carlson asked Cass how he believes “the tariff story” will end.
“I think the best way to understand what’s going on is to think about this kind of world order that we’ve been talking about a bunch. And recognize that what we are going through is a transition out of the U.S. as sole superpower to, I guess you would call it a multipolar world where China is a kind of peer, competitor and adversary,” Cass said.
“We’re seeing in real time how it breaks down, how you can’t just be the benevolent open market when China is now bigger than you and more technologically advanced in some ways. It can’t go on that way,” Cass added. “So I think the tariffs are the sort of tip of the spear of saying that system is over. What do we want to have replace it? And I think what the United States should want, and what I see the administration pointing toward and pushing toward, is basically, look, we still want to have strong allies. We still want to have free trade among our allies.”
Shortly after Trump’s ‘Liberation Day,’ the president announced a 90-day pause on tariffs — except for those against China — opening up trade talks with other countries. The U.S. and China entered a tariff war, leading to the U.S. slapping China with a 145% tariff. Discussions officially began May 10. (Read more from “Economist Tells Tucker Carlson What He Predicts Trump’s Tariffs Will Do For America” HERE)
Photo credit: Gage Skidmore via Flickr
