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Trump Wins a Second Chance for Smoot and Hawley

Trump Wins a Second Chance for Smoot and Hawley

Bloomberg18 hours ago
Time will tell if punishingly high tariffs play out the same as in the Depression.
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We are about to discover whether Reed Smoot and Willis Hawley were right all along. Donald Trump said he was a protectionist, and he has delivered effective levies to match the infamous tariffs named for the Depression-era US legislators. That's illustrated by Capital Economics:
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