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Thomas Sowell: Facts Against Rhetoric, Capitalism, Culture—and, Yes, the Tariffs

Uncommon Knowledge

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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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