Open to Debate Was Trump Right to Increase Tariffs on Chinese Imports?
23 snips
Feb 28, 2025 
Stephen Moore, an economist and senior fellow at the Heritage Foundation, and Scott Paul, president of the Alliance for American Manufacturing, argue for tariffs as essential tools for national security and supporting domestic production. On the opposing side, Jennifer Hillman from the Council on Foreign Relations highlights their potential economic harm and legal issues, while Rana Mitter from Harvard emphasizes the ineffectiveness of tariffs and advocates for alternative strategies. The discussion delves into the complex landscape of trade policies and their implications for U.S.-China relations.
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Ineffective Tariffs
- Rana Mitter argues that 10% tariffs are ineffective against China.
- They will likely shift trade towards other partners like the EU, not reduce reliance.
Tariff Success Stories
- Stephen Moore claims Trump used tariffs successfully against Colombia, NATO, and Canada.
- He believes this demonstrates the effectiveness of tariffs as a bargaining tool.
Service Economy and Security
- Jennifer Hillman emphasizes the growth of the service economy and its connection to national and economic security.
- She suggests focusing on services as a more significant aspect of trade and security.