Commentary: The Trump Tariffs Could Help Prevent Another Great Depression by Talking Currency with China

Donald Trump, Xi Jinping

by Robert Romano   A long-standing bit of conventional wisdom holds that the Great Depression, which began in 1929, was worsened and made global by tariffs in the Smoot-Hawley tariff act of 1930, and that it was not until the 1934 Reciprocal Trade Act that recovery was possible. But this…

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