A Debate on the Merits of Trump’s Tariff Policy

Fareed Zakaria GPS

CNN

News

4.3 • 2.9K Ratings

🗓️ 14 April 2025

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today on the show, Fareed is joined by MAGA intellectual and founder of American Compass Oren Cass and former US Treasury Secretary Larry Summers for a debate on the merits of President Trump’s tariff policy. Then, the Wall Street Journal’s Chief China Correspondent Lingling Wei joins to discuss the escalating US-China trade war and how Beijing is responding to Trump’s tariffs. Finally, following the first round of talks this week, Johns Hopkins professor Vali Nasr speaks with Fareed about the Trump administration’s efforts to strike a new nuclear deal with Iran. GUESTS: Oren Cass (@oren_cass), Larry Summers (@LHSummers), Lingling Wei (@Lingling_Wei), Vali Nasr (@vali_nasr) Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:31.1	This is GPS, the Global Public Square. Welcome to all of you in the United States and around the
0:36.6	world. I'm Farid Zakaria, coming to you live from New York.
0:39.3	Today on the program, America Against the World.
0:44.3	President Trump may have done an abrupt about face on Wednesday on his so-called reciprocal tariffs,
0:49.3	but the U.S. still has the highest tariff rates in 100 years.
0:53.3	To what end?
0:55.0	We'll have a great debate between former Treasury Secretary Larry Summers
1:00.0	and the MAGA intellectual Oren Cass.
1:03.0	Also, most goods coming from China are now tariffed at an astounding 145%.
1:10.0	I'll ask the Wall Street Journal's Lingling Way what Beijing's
1:14.4	next move is likely to be. Then, Iran and America met yesterday about Tehran's nuclear program.
1:22.0	Does Trump seriously want a version of Obama's 2015 nuclear deal? I'll ask Vali Nalsam.
1:30.3	But first, here's my take.
1:33.3	It was the flip-flop hailed around the world
1:37.3	after insisting that he would not budge on his tariffs
1:40.3	and branding anyone who urged him to do so as a panacan, a new party based on weak
1:46.9	and stupid people, Donald Trump reversed course and paused his massive reciprocal tariffs
	...

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