The Trump administration has issued ‘America First Trade Policy’, the most damaging trade policy since the Smoot Hawley ...
As President Trump enacts his protectionist trade agenda, a Depression-era tariff law is gaining new relevance: The ...
The Smoot-Hawley Tariff encompassed roughly a quarter of all imports, flaring tensions with U.S. trading partners and halving American imports and exports as a result. Caught in the crosshairs ...
Suddenly, the news is full of stories about tariffs and trade wars. This is really not a surprise. President Trump is merely doing — albeit in a bit more of a rush and more widely than was ...
Sometimes, this effect can be catastrophic. Many economists believe that the Smoot-Hawley tariff of 1930 and foreign retaliation deepened the economic downturn into the Great Depression.
The Smoot-Hawley Tariff encompassed roughly a quarter of all imports, flaring tensions with U.S. trading partners and halving American imports and exports as a result. Caught in the crosshairs, ...
These calamities had multiple causes. We believe that the most important cause was the Smoot-Hawley Tariff, which was enacted during June 1930. Roughly half of the stock market drop in late 1929 ...
Development economist Jostein Hauge talks to The Conversation Weekly podcast about the winners and losers from tariffs and ...
The US, at that point still a reluctant free trader, passed the Smoot-Hawley Tariff Act in 1930, raising the average tariff by some 20%. Other countries retaliated and world trade crumbled.
As America abandons a rules-based order, countries must work together to defend global peace. Canada is uniquely positioned ...