President Trump is an avowed supporter of tariffs, but many experts say such trade measures can boost inflation.

The Smoot-Hawley Tariff Act of 1930 kneecapped America's ability to escape the Great Depression, and today's trade wars look ...

President Trump’s support for high tariffs and disdain for free trade harkens back to a much older policy — the Smoot-Hawley ...

Like our predecessors in 1930, we oppose the use of tariffs as a general tool for economic policy.

Tariffs are pure Trump: unconventional, daring, unafraid of challenging established relationships and ways of conducting business and diplomacy, contemptuous of history and, in this case, even geograp ...

The average tariff rate on all imports could spike seven times higher in 2025 under Trump. The United States has not seen an ...

President Donald Trump's recent series of tariff threats over the past week signal that tariffs are coming, stoking worries about a trade war battering the global economy, but Capital Economics ...

For example, Congress passed a sweeping range of tariff hikes, some as high as 60%, after the stock market crash of 1929 under the Smoot-Hawley Tariff Act to protect the farming industry.

And during the Great Depression, the Hawley-Smoot tariff boosted the average U.S. import tax to 59 per cent. For a century and a half, from the early 1800s until the late 1940s, U.S. tariffs were ...