The US tried high tariffs and ‘America first’ policies in the 1930s. Trump should note what happened next
Donald Trump has hit the 30-day pause button on imposing 25% tariffs on Canada and Mexico, but is proceeding with slapping 10% tariffs on Chinese imports, and tariffs on the EU are still on his agenda. Trump has declared that “tariff” is “the most beautiful word in the dictionary”. Yet as the president weighs up […]
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