What part of “trade was 5% of GDP’ do you not understand? You can take your numbers and throw them in the ocean. You are a free market ideologue who will dig up anything that gives you a glimmer of hope
Let me repeat it real slow.
Trade was 5% of GDP.
Global reaction to Smoot-Hawley destroyed 66% of US trade for the entire decade of the 1930’s.
5% times 66% = 3.5%
Smoot-Hawley erased 3.5% of GDP for the entire decade of the 1930’s.
I welcome any refutation that doesn’t involve calling people’s mothers nasty names.