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 ...
U.S. tariff rates under Trump will be higher than the Smoot-Hawley levels from Great ...
Evercore ISI strategist Sarah Bianchi said the new policies put the effective tariff rate above the level of around 20% set ...
Trump says Great Depression would never have started if tariffs continued
President Trump on Wednesday said that the 1930s Great Depression wouldn’t have happened if tariffs had continued, while ...
How Smoot-Hawley Tariff Act deepened the Great Depression
Congress passed a bill sponsored by Senator Reed Smoot of Utah and Rep. Willis Hawley of Oregon to raise import duties on ...
Trump’s claim that low tariffs caused the Great Depression is false, economist says: Here ...
President Donald Trump announced a new round of global tariffs, instituting a minimum 10% levy on goods imported from ...
Republican Warns Tariffs Spurred 'Worst Depression We've Ever Had'
Representative Don Bacon is expected to introduce a companion bill from Senators Grassley and Cantwell in an effort to return tariff authority to Congress.
Trump tariff: Is US headed towards another great depression? Expert cites two monumental ...
President Trump's new tariffs, announced on April 2, 2025, aim to reduce the U.S.'s trade deficit but have sparked concerns ...
How the Smoot-Hawley Tariff Act Compares to Trump's Reciprocal Tariffs
Trump's new tariffs exceed levels following the Smoot-Hawley Tariff Act, risking global retaliation and economic slowdown.
Legendary economist says Trump's tariffs could replay 'devastating history'
Legendary economist Thomas Sowell spoke about President Donald Trump's tariffs and highlighted the risk of causing an ...
Why Trump’s tariffs are being compared to Smoot-Hawley Tariff Act, which worsened the ...
Smoot-Hawley came to be seen as exemplifying “beggar-thy-neighbour” policies that benefited one nation at the expense of the ...
Trump points to the Depression to justify tariffs, but they’re widely seen as ...
Depression ‘would have never happened if they had stayed with the tariff policy,’ a statement most experts disasgree with ...
What was the Smoot-Hawley Tariff Act of 1930? What to know about retaliatory tariffs
Global markets, US stock market plummeting after Trump tariffs announcement. Here's what to know about retaliatory tariffs and Smoot-Hawley Tariff Act ...