 <time datetime="2024-11-22" class="date-time"> November 22, 2024, 4:03 PM	</time> <span class="comment-count hide-ip-access content-gated">  <a href="#comments-container" class="link-to-comments">View Comments <span class="comment-count-wrapper">(<span class="coral-count" data-coral-notext="true"></span>)</span></a> </span> 

 <p><span style="font-weight: 400;">Conservative </span><span style="font-weight: 400;">economist Oren Cass, the founder of the increasingly influential think tank American Compass, argues that tariffs are a price correction to incentivize domestic production. “The way we have to understand tariffs is as a recognition that making things does matter,” he explains.</span></p>
<div class="video-container video-container-vertical" style="margin: 2em auto; background-color: transparent;"><iframe style="background-color: transparent;" title="vimeo-player" src="https://player.vimeo.com/video/1032485424?badge=0&amp;autopause=0&amp;player_id=0&amp;app_id=58479" width="100%" height="auto" frameborder="0" allowfullscreen="allowfullscreen"></iframe></div>
 

 <div class="article-end__tag-content"> <p><em><i data-stringify-type="italic">This post is part of FP’s ongoing coverage of the Trump transition</i><i data-stringify-type="italic">. </i>Follow along <a href="https://foreignpolicy.com/projects/trump-presidential-transition-personnel-cabinet-policy-issues/">here</a>.</em></p> </div> 

Conservative economist Oren Cass explains why tariffs are important in an FP Live clip.{ai:summary}<p>Conservative economist Oren Cass asserts that tariffs serve as a necessary price correction to promote domestic production. He emphasizes the importance of manufacturing in the economy, suggesting that tariffs acknowledge the value of domestic goods. </p><p>#economy</p>

Why Trump’s Tariffs Matter

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