As America abandons a rules-based order, countries must work together to defend global peace. Canada is uniquely positioned ...
The Trump administration has issued ‘America First Trade Policy’, the most damaging trade policy since the Smoot Hawley ...
Companies in the S&P 500 appear increasingly focused on tariff policies under President Donald Trump, a point of potential volatility for the U.S. stock market, according to a research note from ...
The magnitude and scale of the proposed tariffs hark back to the US Smoot-Hawley Tariff Act enacted in 1930. For example, Nobel Laureate economist Paul Krugman told Bloomberg that “we’re ...
Yet as the president weighs up the sweeping consequences of his tariff fixation, he may want to throw out the dictionary and pick up a history book. The magnitude and scale of the proposed tariffs ...
In 1930, Congress passed the Smoot-Hawley Tariff Act, which raised levies on a broad range of imports in an effort to protect U.S. businesses during the onset of the Great Depression. The act led ...
President Donald Trump’s use of tariffs in his second term defies many historical norms, say economists and historians.
The Tariff Act of 1930, popularly known as the Smoot-Hawley Tariff, levied protective tariffs on about 800 to 900 different types of goods, accounting for about 25% of all goods imported to the U ...