April 4, 2025
Looking at tariff history, we can see why the benefits of trade and the downside of protection can both be invisible.
Looking at tariff history, we can see why the benefits of trade and the downside of protection can both be invisible.
Concludng our March e-links, we continue to focus on Trump trade policies with several must-read articles.
Whether looking at the 1930s or now, we see that the impact of tariffs on businesses, on global trade, and on government revenue is negative.
In addition to its impact on the Great Depression, Smoot-Hawley occupies a special place in tariff history because of its impact on us.