The Policy Goals Behind Trump’s Tariffs: A Conversation with Owen Tedford, Senior Research Analyst at Beacon Policy Advisors

April 1, 2025

Ahead of Trump’s anticipated reciprocal tariff announcements, termed “Liberation Day,” we invite Owen Tedford, Senior Research Analyst at Beacon Policy Advisors to discuss the evolving landscape of Trump’s trade policy and the goals behind tariffs. Tedford breaks down the recent history of tariffs since Trump’s first term, a framework for how to consider permanent tariffs vs. tariffs as a means for negotiation, and potential outcomes for this Wednesday. He walks us through the policy goals targeted towards China, North America (Canada/Mexico), Europe, and other trading partners, and how that influences tariff policy. The conversation also touches upon potential timelines for trade policy and events that could signal more clarity.

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