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Trump’s tariffs will likely lead to stagnation, not a depression
If we overestimate the costs of trade restrictions today, we make it harder to sell the public on free trade tomorrow.
Trump says high tariffs may have prevented the Great Depression. History says different
In the early days of the Great Depression, Rep. Willis Hawley, a Republican from Oregon, and Utah Republican Sen.
The last time the US raised tariffs this much it made the Great Depression way worse
Trump's tariff hike mirrors the 1930 Smoot-Hawley Tariff Act, which exacerbated the Great Depression and led to a major shift ...
No, President Trump, the Income Tax Wasn’t A Mistake. But It Was an Accident.
While instituting the largest tariff increase in modern history, Trump claimed that the income tax was passed for “reasons ...
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Why are people talking about Smoot-Hawley, the Great Depression-era tariff plan?
"Smoot-Hawley was 1930. Other countries retaliated, global trade collapsed and the Great Depression was on. So I think that’s really what has people worried about this." The Smoot-Hawley Act ...
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President Trump says high tariffs may have prevented the Great Depression. What history tells us
"But overall, people in the U.S. and people around the ... In the early days of the Great Depression, Rep. Willis Hawley, a Republican from Oregon, and Utah Republican Sen. Reed Smoot thought ...