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In the early days of the Great Depression, Rep. Willis Hawley, a Republican from Oregon, and Utah Republican Sen.
Trump's tariff hike mirrors the 1930 Smoot-Hawley Tariff Act, which exacerbated the Great Depression and led to a major shift in US trade policy.
11dOpinion
The New Republic on MSNTrump Tariffs Send Stock Market Plummeting to Great Depression LevelsThe International Monetary Fund said Tuesday that Trump’s tariffs would slow growth, not only for the U.S. but globally. The ...
America’s history of high tariffs actually continued well after 1913, however, and Trump’s take on what sparked the Great Depression — and Hoover-era Washington’s response to it — don ...
4don MSN
All this sound familiar? If the Trump tariffs stick around, it will likely be bad news for corporate profits, which means bad ...
China’s ambassador to the US has called for peaceful coexistence in trade relations, but warned that Beijing is ready to ...
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