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For many years, tariffs were viewed favorably by Americans. But in the 1930s, one act of Congress changed people's minds.
Trump's tariff hike mirrors the 1930 Smoot-Hawley Tariff Act, which exacerbated the Great Depression and led to a major shift ...
Former Federal Reserve Bank of St. Louis President James Bullard said early Monday that President Trump’s tariffs could risk ...
President Herbert Hoover signed the Smoot-Hawley Tariff Act in 1930, even as many economists warned that the levies would ...
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