In the fevered imaginations of Trump’s policies, tariffs threaten bring global trade to its knees, provoke retaliatory measures, and hit consumers with higher prices. The ghost of the Smoot-Hawley Tariff Act of 1930 looms large, ready to serve as the ultimate cautionary tale.
The post Breitbart Business Digest: The Smoot-Hawley Myth and the Real Stakes of Trump’s Tariff Proposals appeared first on Breitbart.
English