
Thomas Sowell: Facts Against Rhetoric, Capitalism, Culture—and, Yes, the Tariffs
Uncommon Knowledge
The Economic Consequences of Contemporary Tariffs
This chapter explores the recent tariffs imposed by the U.S. president, comparing them to the Smoot-Hawley tariffs of the 1930s. The discussion highlights the potential risks of a global trade war and the negative economic consequences stemming from protectionist policies and policy unpredictability.
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