The American Compass Podcast
Our mission is to restore an economic consensus that emphasizes the importance of family, community, and industry to the nation’s liberty and prosperity. The American Compass Podcast features conversations on a wide variety of policy issues aimed at helping policymakers and the broader public navigate the most pressing issues that will define the future of the conservative movement in America.
The American Compass Podcast
A Tariff Reality Check with Bloomberg’s Anna Wong
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Economists and politicians told us that President Trump’s tariffs would spark foreign retaliation and drive up domestic prices. But current economic data are beginning to tell a different story.
Anna Wong, chief U.S. economist at Bloomberg Economics, joins Oren to discuss what the post-Liberation Day data are telling us. As tariff rates begin to stabilize due to trade deals, Wong breaks down how tariffs are reshaping firm behavior, potentially driving a wave of future domestic investment by realigning incentivizes. Additionally, Anna and Oren explain why the punditry class’s fixation on near-term CPI levels is missing the bigger story.