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The Chuck ToddCast: Meet the Press

Tariffs Gone Wrong? - Trump's Trade War Backfire

The Chuck ToddCast: Meet the Press

Chuck Todd

Washington Dc, Government, Nbc News, Mtp, Technology, Presidential Race, Meet The Press, Football, Msnbc, Sports, Donald Trump, Democrats, White House, Democratic Primary, Presidential Election, First Read, Space, Tv & Film, 2020 Election, News, Democratic Presidential Debate, 2020 Primary, Republicans, Elections, Politics, Chuck Todd

4.12.2K Ratings

🗓️ 5 May 2025

⏱️ 89 minutes

🧾️ Download transcript

Summary

Chuck Todd speaks with economist Oren Cass, who makes the intellectual case for Trump's tariffs and trade war.

Transcript

Click on a timestamp to play from that location

0:00.0

Well, happy Monday, everybody.

0:06.7

Welcome to another episode of the Chuck Toddcast.

0:09.0

So coming up, I got Orn Cass.

0:12.3

Orn Cass is the chief economist and founder of the American Compass.

0:17.4

What that is is basically, I would argue, the intellectual sort of the, the, the,

0:23.1

think tank that's trying to put an intellectual wrapping around Trumpism, however you want

0:29.5

to call it, sort of this new populism that's on the right. And what, what interested me on Mr. Cass is that he is basically, he is basically the godfather

0:44.9

of these tariffs. Now, he'll be the first one to tell you this isn't the way he would have

0:49.9

implemented. In fact, he did a New York Times op-ed, which is what inspired me to put him on,

0:54.7

as I've promised to you, even if I'm skeptical of an idea, that doesn't mean I don't want to have

0:59.0

somebody on here making their case and let's workshop it and, you know, let's have a back and

1:04.4

forth. I think the conversation that I have with Horncast about the terrorists as they've been

1:10.7

implemented versus perhaps how he would have implemented. Yeah. with Horne Cass about the tariffs as they've been implemented

1:11.4

versus perhaps how he would have implemented.

1:15.3

We'll see.

1:16.2

Look, it's a tough argument to make, which is you gotta sort

1:22.4

of take some medicine for a while before the goal

1:26.4

of what these tariffs are, which is to return some manufacturing back to the United States. It's going to take a while before the goal of what these tariffs are, which is to return some manufacturing

1:29.2

back to the United States, it's going to take a while.

1:31.5

And the question is whether you can get enough patience from the public to put this off

1:37.7

and whether the theory is right.

1:39.7

You know, can you really motivate certain industries that have decided to manufacture outside the

...

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