Most historians look back on the Smoot-Hawley Tariffs Act of 1930 as a mistake that made a bad economic climate much worse. But tariffs have a new champion in President Donald Trump.
Not to mention that Tarrifs are thought to have contributed to the length and global reach of the depression. Tarrifs may not have caused the great depression but they absolutely extended it.
Not to mention that Tarrifs are thought to have contributed to the length and global reach of the depression. Tarrifs may not have caused the great depression but they absolutely extended it.
https://fee.org/articles/the-smoot-hawley-tariff-and-the-great-depression/