Trump’s tariff plan: How tariffs work, why they might increase prices
Trump’s tariff plan: How tariffs work, why they might increase prices
Nov 7, 2024
NBC New YorkRyan Ermey,CNBC
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In this, the year of the Trump tariff, the US is repeating past experiments in protectionism. How did those work out, from President William McKinley’s 1890s tariffs to the Smoot–Hawley tariff at the outset of the Great Depression? In his newest CNN special, “Big, Beautiful Tariffs,” Fareed examines the history of tariffs and their economic and political effects. Tune in Monday night at 8 p.m. ET/PT. | Fareed Zakaria
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