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Evergreen Reporter

Monday, March 31, 2025

Trump announces reciprocal tariffs amidst free trade debate

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Michael A. Needham Chairman | American Compass

Michael A. Needham Chairman | American Compass

Oren Cass, founder and chief economist of the think tank American Compass, discussed recent developments in international trade policy with Freddy Gray at the ARC conference in London. Their conversation followed President Trump's announcement of reciprocal tariffs, a move by the United States to match import duties imposed by other countries.

The discussion centered on the strategy behind this decision and its potential impact on American businesses and global trade. They also examined the political consensus that has supported free trade in the United States since the 1990s. In light of challenges faced by American investors and companies, such as competition from Chinese electric vehicles, they questioned whether free trade had been effective.

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