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

Uncommon Knowledge

CHAPTER

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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