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The Tariff Act of 1890 raised taxes to 49.5% on 1,500-plus items. Championing the move was the “Napoleon of Protectionism,” ...
Nothing in recent history has so strikingly emphasized the need for international coöperation in the economic field as the ...
From the Smoot-Hawley Act to Trump’s current trade war, economic history clearly demonstrates that protectionism is not only ...
But that triggered higher interest rates in Britain and Germany, which helped slow global consumer spending and production, and began a U.S. recession in the summer of 1929. The Great Depression ...