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“Supply Shock Greater Than Great Depression-Era Smoot-Hawley Tariff” | David Kotok on Trump’s Sweeping Tariffs And Market Crash

Monetary Matters with Jack Farley

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Navigating Tariffs and Economic Realities

This chapter examines the implications of significant earnings drops in the S&P 500 and how they affect the broader economy, labor markets, and job creation. The discussion critiques government-imposed tariffs and their potential impact on prices and economic stability while weighing the perceived fairness in international trade. The speakers express skepticism over recent policy shifts, emphasizing the unintended consequences of protectionism and its effects on global trade relations.

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