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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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Intro

This chapter examines President Trump's tariff policies and their historical parallels, particularly with the Smoot-Hawley Tariff. It highlights concerns regarding the economic implications, market reactions, and shifts in borrowing costs as a result of these tariffs.

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