ALI Perspective

The White House Tariff announcements will have a devastating impact on the American economy, the global economy and the Post-War world trading order that has served America so well for decades.

The President’s “reciprocal” tariffs will trigger significant disruptions, distortions and unintended consequences, including millions of workers in the global south who will lose their jobs as companies shutter overseas plants, U.S. workers as companies stop or reduce production due to untenably high prices on inputs from abroad, and U.S. consumers who will see prices skyrocket. Since tariffs are a regressive tax, it is lower income U.S. consumers who will be hit the hardest. 

China will be beneficiary of this new trading order, making the case that it is a more reliable trading and investment partner than the U.S.

Click HERE to read ALI's full statement on the White House Tariff announcement

ICYMI

ALI hosted a webinar on USMCA and U.S. relations with Mexico and Canada, featuring Rep. Greg Stanton (AZ-4), Vanesa Rubio-Márquez of the London School of Economics, and Christopher Sands of the Wilson Center, moderated by Kellie Meiman Hock of McLarty Associates. Speakers highlighted how USMCA is a bipartisan achievement and emphasized that a strong North America is the best way to compete with China. They also raised concerns about Trump’s recent automotive tariffs, warning that they could upend the North American automotive supply chain and negatively impacting jobs in all three countries.

ALI hosted a robust conversation with Rep. Rep. Jay Obernolte (R-CA23) along with other numerous AI experts on a bipartisan approach to U.S. AI global leadership. They discussed the U.S. approach on sectoral regulation of AI use case outcomes, over the heavy-handed approach of regulating the AI tools themselves. Several participants reiterated the importance of U.S. leadership internationally and the need to work with allies to promote the healthy development of AI and necessary guardrails to prevent harm and regulatory fragmentation globally and in the U.S

Coming Up

ALI Summit: Meeting the Challenges of a New World Disorder with Senators Andy Kim & Elissa Slotkin, Reps. Don Beyer & Sara Jacobs, Amb. Nick Burns, Peter Harrell (Carnegie Endowment), Vivek Chilukuri (CNAS), Liz Economy (Hoover Institute) and more.

Discussions will include:

• Global Impact of the WH tariff announcements
• China and America Economic Security
• American Global Leadership in an Age of Tariffs
• Maintaining Alliances in a New Global Order



Email events@american-leadership.org for more information

What We're Reading

Foreign Policy: Trump's Wanton Tariffs Will Shatter the World Economy

CSIS: "Liberation Day" Tariffs Explained

NYT: Lesotho, a Small African Nation, Expects a Big Hit From Trump’s Tariffs - The New York Times

The nation that the Trump administration slapped with the heftiest tariff this week is a small, rural, landlocked country in southern Africa that is among the world’s poorest. Lesotho, which makes denim that goes into American-branded jeans, was hit with a 50 percent tariff.