Trump's tariff hike mirrors the 1930 Smoot-Hawley Tariff Act, which exacerbated the Great Depression and led to a major shift ...

President Donald Trump announced a new round of global tariffs, instituting a minimum 10% levy on goods imported from ...

Evercore ISI strategist Sarah Bianchi said the new policies put the effective tariff rate above the level of around 20% set ...

Depression ‘would have never happened if they had stayed with the tariff policy,’ a statement most experts disasgree with ...

Trump's new tariffs exceed levels following the Smoot-Hawley Tariff Act, risking global retaliation and economic slowdown.

Legendary economist Thomas Sowell spoke about President Donald Trump's tariffs and highlighted the risk of causing an ...

Smoot-Hawley came to be seen as exemplifying “beggar-thy-neighbour” policies that benefited one nation at the expense of the ...

President Trump's tariff campaign has sparked new interest in an iconic scene from a great film about 1980s Chicago.

US President Donald Trump claimed that the Great Depression that hit America in 1930 would have never happened if the country ...

The Great Depression was solved by many factors, including New Deal programs enacted by President Franklin D. Roosevelt to stimulate the economy, as well as the beginning of World War II.

Donald Trump has declared that the US could have avoided the Great Depression with tariffs. The president made the remarks in ...