The Smoot-Hawley Myth and the Real Stakes of Trump’s Tariff Proposals
Tariff panic returns Donald Trump's recent proposed tariffs (10% on all imports, potentially rising to 20% and 60% on Chinese goods) have led to all-too-familiar tariffs. Panic ensues among trade globalists. In the frenzy of President Trump's policy imagination, tariffs threaten to disrupt global trade, trigger retaliatory measures and send consumers through higher prices. ghost […]