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President Donald Trump claimed vindication of his strategy to use tariffs to wring concessions from foreign governments as Canada and Mexico reached agreements to pause such duties for a month.
“Well, how do you like them apples?” Vice President JD Vance asked on Monday.
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“A tariff that makes no sense from one perspective might be entirely wise and effective from another,” American Compass’s Oren Cass contended on an X thread. “Many otherwise serious economists have criticized Trump’s China tariffs for failing to reshore manufacturing. But they were decoupling tariffs, and they achieved that.”
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The Tariff Tally
What the Numbers Say, One Year After Liberation Day
Letter to the Trump Administration on Chinese Foreign Direct Investment
Pursuing Chinese FDI would repeat the mistake that the world made a generation ago when it welcomed China into the World Trade Organization.
Cass Urges Trump Administration to Reject Investment from China
Today, American Compass chief economist Oren Cass sent a letter to President Donald Trump voicing his concern that his administration may pursue a major commitment of Foreign Direct Investment (FDI) Read more…
