Tariffs don‘t just raise consumer prices. They also affect capital flows and on numerous occasions have triggered stock ...
Trump’s tariff obsession flummoxes conventional economists, who see it as a potentially disastrous driver of inflation and trade wars. It also draws disdain and ridicule from Democrats; Treasury ...
“After World War II, tariffs across the globe began to diminish. Everybody wanted an environment where trade was a little bit freer than what we had seen in the past. “It was very successful.
Donald Trump is president, again. There is a lot that comes with that, but we’ll focus on his proposed economic policies, and what it all might mean for business. Let’s start with a hotly ...
Does anyone remember the impact of the Tariff Act of 1930 (the Smoot-Hawley Act) and its repercussions leading to the Great Depression and World War II? Trump claims the new Congress would readily ...
would essentially bring a more stable source of revenue," he said. "After World War II, tariffs across the globe began to diminish. Everybody wanted an environment where trade was a little bit ...
I often see assertions that tariffs have remained high in other countries, but these assertions are decades out of date. It’s true that after World War II, many developing countries imposed high ...
Trump’s adamant support of tariffs is somewhat unusual for a Republican politician, says Deardorff. The professor points out that since at least World War II, Republicans tend to favor freer ...
Retaliatory tariffs were imposed by the world’s trading ... But the U.S. economy did not fully recover until World War II demand picked up. Following the war, prevailing theory was that the ...
U.S. policymakers didn’t seriously question tariffs as a form of industrial policy until the deepening of the Great Depression in the 1930s. Following World War II, the U.S. decisively shifted ...