Import-extort: what to make of Donald Trump’s titanic tariffs
Money Talks from The Economist
Historical Perspectives on U.S. Tariffs
This chapter explores the evolution of protectionist trade policies in the U.S., highlighting the implications of recent tariffs and their historical precedents. It discusses significant legislation such as the Reciprocal Trade Agreements Act of 1934 and analyzes economic impacts on consumers and industries. Through a historical lens, the chapter questions the rationale for high tariffs and their effects on the economy and international relations.
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