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Explore the economic rationale behind Trump's tariff policies in this comprehensive lecture from Duke University's Hayek Lecture Series. Learn from Douglas Irwin, John French Professor of Economics at Dartmouth College and renowned trade policy expert, as he systematically evaluates Trump's tariffs against four key objectives: raising fiscal revenue, reducing the trade deficit, re-shoring manufacturing and creating jobs, and promoting reciprocity and fair trade. Gain insights from Irwin's extensive expertise, drawing from his acclaimed works including "Clashing over Commerce: A History of U.S. Trade Policy," "Free Trade Under Fire," and "Trade Policy Disaster: Lessons from the 1930s." Examine each tariff objective through careful, point-by-point analysis that provides a balanced assessment of contemporary trade policy effectiveness. Understand the historical context and economic implications of modern protectionist measures through this thoughtful examination presented as part of the interdisciplinary program sponsored by Duke's Center for the History of Political Economy and Philosophy, Politics & Economics.
