He has launched the worst global trade war since the Smoot Hawley tariff rounds of the 1930’s that prolonged ... The 10% tariff on Canadian oil imports is no Trumpian act of mercy. The US imports ...

The trope "A gun is more likely to cause you harm than to provide you protection" is wrong. It is not true for a person ...

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The parallels with past protectionist policies are striking. The Smoot-Hawley Tariff Act of 1930, introduced to shield American industries during the Great Depression, had the opposite effect.

For example, Congress passed a sweeping range of tariff hikes, some as high as 60%, after the stock market crash of 1929 under the Smoot-Hawley Tariff Act to protect the farming industry.

The notorious Smoot-Hawley Act, passed by the US Congress in 1930, was a major contribution to the decade of depression that followed, and the subsequent conflicts and war. It did not make America ...

In the 1930s, the initiation of trade wars, not least by the US Smoot-Hawley Act of 1930, was the prelude to the outbreak of World War in 1939. The World Socialist Web Site is the voice of the ...

The reaction of the financial markets to the Trump tariffs provides further proof, were it needed, of the depressing effects of the new US president’s trade policy. “Depressing”, that is, in ...

There are many memorable scenes from the movie Ferris Bueller’s Day Off. One in particular strikes my fancy. Former speechwriter for both Presidents Nixon and Ford, Ben Stein plays a bit part as ...

As he campaigned for reelection last year, President Donald Trump promised to immediately lower the cost of living for everyday Americans. “From the day I take the oath of office,” he claimed ...