U.S. President Donald Trump’s tariffs have roiled markets around the world and triggered a full-blown trade war with China. Even after he suspended his so-called reciprocal tariffs, the measures he kept in place are still more dramatic than anything the world has seen in decades. Most economists believe free trade­—not tariffs—is the best way to increase global prosperity. But Trump says other countries are taking advantage of the United States.

On this episode of Counterpoint, we’ll hear from two leading economists who feel very differently about tariffs. Oren Cass, the founder of American Compass, generally supports them, while Kimberly Clausing, a professor at the University of California, Los Angeles, believes the Trump tariff policy is a disaster for the United States. Their debate was moderated by Foreign Policy’s editor-in-chief, Ravi Agrawal, and originally aired on FP Live.

Counterpoint is a production of Foreign Policy, in partnership with the Doha Forum. It is hosted by FP deputy editor Sasha Polakow-Suransky.
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