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15min chapter
Import-extort: what to make of Donald Trump’s titanic tariffs
Economist Podcasts
Tariffs and Trade: A Historical Perspective
This chapter explores the implications and historical context of recent U.S. protectionist tariffs, contrasting them with past trade policies. Experts discuss the shift from targeted trade strategies to broader retaliatory measures, highlighting significant historical parallels such as the Smoot-Hawley Act. The conversation emphasizes the potential economic consequences of rising tariffs on consumers, manufacturers, and the overall U.S. economy, while questioning the long-term impact of recent policy shifts.
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