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Chief investment officer says it’s ‘impossible to commit capital to an economy that is unstable and unknowable because of ...
WASHINGTON (AP) — In the early days of the Great Depression, Rep. Willis Hawley, a Republican from Oregon, and Utah Republican Sen. Reed Smoot thought they had landed on a way to protect American ...
The Smoot-Hawley tariffs didn’t save agriculture. Trump’s tariffs probably won’t save manufacturing.
If we overestimate the costs of trade restrictions today, we make it harder to sell the public on free trade tomorrow.
One expert is comparing the fallout from President Donald Trump’s tariffs to the aftermath of a trade policy that deepened the Great Depression.
Trump is operating under the illusion that other nations are becoming wealthy on the backs of American trade deficits. It's a complete fabrication.
American mistakes in the wake of the Wall Street Crash such as protectionist measures are ‘still fresh today’, Xie Feng warns.
The Great Depression was the worst economic crisis in US history when unemployment reached 25%. When the pandemic hit in 2020, Americans hadn't felt that level of economic tragedy in a century.
Trump's tariff hike mirrors the 1930 Smoot-Hawley Tariff Act, which exacerbated the Great Depression and led to a major shift ...