FT News Briefing
Swamp Notes: The conservative view on tariffs now
May 3, 2025
Oren Cass, the executive director of American Compass and a conservative economic policy contributor, joins Edward Luce, US national editor and columnist for the Financial Times. Together, they dive into the contentious topic of tariffs, exploring why some conservatives still support them despite criticism. The discussion touches on the economic repercussions of Trump's trade war, the shifting dynamics of global power, and the uncertainty faced by businesses. They also consider how ongoing tariff policies affect international alliances, particularly with China.
18:52
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- While tariffs are viewed as a means to boost American manufacturing, they create significant market uncertainties and require broader economic strategies.
- The U.S. must carefully navigate its trade relationships in a changing global landscape, as tariffs may inadvertently strengthen ties between other countries and China.
Deep dives
Impact of Tariffs on Manufacturing and Investment
The discussion highlights the complexities of President Trump's tariff policies and their effects on the U.S. economy. While tariffs are seen as a strategic move to revitalize American manufacturing, they have also generated significant uncertainties in the market. Economists argue that while tariffs can aid in directing investment back to the U.S., they are not a standalone solution and must be part of broader economic strategies. The ongoing adjustments in tariff policies and their implications for national security, job creation, and economic growth are central to the conversation.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
