RobMCFC
Well-Known Member
I used to think that history was an interesting subject, but no more than that.Not wishing to worry anyone but the US made a recession into the Great Depression by implementing tarrifs in 1930
![]()
Analysis: The US tried high tariffs and ‘America first’ policies in the 1930s
Writing in The Conversation, Dr Thomas Gift and Dr Michael Plouffe (UCL Political Science) reflect on the similarities between President Trump's plan for trade tariffs and the US Smoot-Hawley Tariff Act enacted in 1930.www.ucl.ac.uk
As I got older, I realised that you can learn a lot from history, but clearly the clowns in the White House haven't come to the same realisation.
Appeasing Hitler/Putin and trying to boost the US economy by slapping tariffs on anybody an everybody will probably have the same outcomes as their forerunners in the 1930s.