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To: SeekAndFind
I guess Trump never heard of Smoot-Hawley?

How'd that work out?

4 posted on 03/01/2023 8:11:15 PM PST by Timber Rattler ("To hold a pen is to be at war." --Voltaire)
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To: Timber Rattler

[I guess Trump never heard of Smoot-Hawley?

How’d that work out?]


https://en.wikipedia.org/wiki/Smoot%E2%80%93Hawley_Tariff_Act

Maybe it wasn’t tried hard enough. Let’s make sure by imposing tariffs 10x as high.


5 posted on 03/01/2023 8:18:06 PM PST by Zhang Fei (My dad had a Delta 88. That was a car. It was like driving your living room)
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To: Timber Rattler

Smoot-Hawley is a joke/myth. It was implemented 2 years AFTER the start of the great depression and had little effect on the economy because trade was a tiny part of the overall GDP of the time.


6 posted on 03/01/2023 8:22:51 PM PST by central_va (I won't be reconstructed and I do not give a damn...)
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