Because of the tariffs, duties rose so that countries could no longer sell goods to the U.S. and that led to retaliatory ...
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 imp ...
Here’s how present events are mirroring a key point in U.S. history that led to a trade war and exacerbated the Great ...
Trump is talking about tariffs on foreign goods on a scale not seen for 90 years, and that did not work well for the US ...
Though Congress holds power over regulating commerce with foreign nations, it has incrementally delegated significant ...
Prior to the tariffs, the US had a massive trade deficit with Japan. In 1986, the deficit was about $55bn. The deficit ...
Something similar happened in 1930 after passage of the Smoot-Hawley Tariff ... to an earlier episode in U.S. history — the Tariff Act of 1930 — which triggered an all-out trade war and ...
On Saturday, Feb. 1, 2025, U.S. President Donald Trump announced a plan to slap steep tariffs on imports from key American ...